Super_Antonio

After easily earning 10 pips, we are still in profit now

Long
Super_Antonio Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today I gave you two trading signals. The first was to short gold in the area near 1994, and then close the position near 1985, making a profit of nearly 10 points;The second is that after gold broke through 2000, we continued to short gold around 2004 and 2007. Although gold has not touched the 1995-1990 area, my expected profit target, gold has now fallen back to near the 2000 position. We still have a certain level of profit. profit.

Gold currently remains above 2000, indicating that gold's bulls are currently strong, so the next short-term trading rhythm is to wait for gold to fall back before going long in gold. The current resistance above gold is near the 2010 position, which is why I short gold at the 2004 and 2007 positions when gold rises strongly. So the first thing we have to do now is to wait patiently for gold to fall back, and then look for the right opportunity to go long gold. I believe that in the following transactions, as long as we master the rhythm and position, we will obtain more considerable profits.

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:
Set TP to 1993 temporarily
Trade active:
Gold dropped to its lowest level near 1996. Gold has now rebounded, but we still have good profits.
Trade active:
Gold is currently back around 1996 and we now have very good profits
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.