Gold trading wins streak, shorting gold continues to make profit
Hello everyone, today I mainly gave you two trading ideas. The first is to short gold using 1968-1970 as a defense, TP: 1962.5; obviously, we easily made a profit of 6 points;The second is to continue short gold in the 1984-1986 area after gold rebounds. At present, we continue to hold this short order and have made a certain profit. However, my expected profit target is around 1974, so I still insist on continuing to hold this short order.
According to the current gold trend pattern, gold is standing above 1980, and short-term bulls have strong energy. So there should be no possibility of a big drop at the moment. From a technical perspective, gold is currently facing resistance in the 1988-1990 area. When gold touches this resistance area for the first time, there should be a short-term correction. Therefore, the technical level supports a gold correction.So this is why I insist on shorting gold in the 1984-1986 area. I believe that time will verify that my trading plan is correct.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
According to the current gold trend pattern, gold is standing above 1980, and short-term bulls have strong energy. So there should be no possibility of a big drop at the moment. From a technical perspective, gold is currently facing resistance in the 1988-1990 area. When gold touches this resistance area for the first time, there should be a short-term correction. Therefore, the technical level supports a gold correction.So this is why I insist on shorting gold in the 1984-1986 area. I believe that time will verify that my trading plan is correct.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active:
At present, gold's rising momentum has slowed down. We will see whether gold begins a technical correction later. In this way, our gold short position will have relatively considerable profits.
Trade active:
The short-term support below is in the 1976-1978 area. Do you think gold will make a short-term correction?
Trade active:
Gold has certain support in the 1980-1976 area. Gold is currently entangled. We should seize the immediate profits first. There is no need to take risks and wait for gold to continue to fall. We will re-enter the transaction tomorrow
Gold has certain support in the 1980-1976 area. Gold is currently entangled. We should seize the immediate profits first. There is no need to take risks and wait for gold to continue to fall. We will re-enter the transaction tomorrow
Trade active:
At present, gold has risen above 1984 again. We are fortunate to close our position in time near 1981 and lock in profits.
