Trader_Manuel

Already profited over $11K, continue to short gold at high level

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today’s gold trading conditions are as follows:

1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618
2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615
3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973

The trading profit so far today is: $11,260. Gold hit a new high today again, hitting a maximum of around 2,365. Gold still maintains a strong upward trend. But in actual trading, I will not easily chase gold above the 2360 level. Because gold is currently in a dangerous position, even if I am bullish on gold, I will not easily pursue long gold during the operation. On the contrary, I will continue to look for high levels to appropriately short gold.

In fact, as long as you are careful, it is not difficult to find that during the strong rise of gold, gold will still sweep back and forth in a wide range in the short term. Although it will add a lot of difficulty to our transactions, it also shows that in fact, proper participation in short transactions will still make good profits . So in order to prevent the market from falling due to accelerated shipments of long positions, I will look for more suitable opportunities to short gold.

At present, gold has rebounded to above the 2360 position again. I have tried to participate in shorting gold again. I hope that gold can fall back as scheduled, allowing us to obtain more profits. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Trade active:
At present, gold has fallen back below the 2346 position again and hit the TP, and the profit has increased by $9939 again. Today's profit has exceeded $20K, which I think is a good result.
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