2340 short gold fell as expected, continue to short
Dear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328, thereby winning our first win today and making a huge profit!
According to the current trend of gold, as gold fell below the rising trend line multiple times yesterday, the momentum of gold bulls gradually declined, and gold currently maintains a volatile downward trend in the short term. On a technical level, candle lines continue to test lows and are suppressed by short-term moving averages. Even after touching support, the rebound strength is much weaker than before, so in the short term, relatively speaking, I still focus on shorting gold on highs. .
On the whole, gold has been oscillating back and forth in a large range recently, with no real unilateral trend. So even if I focus on shorting gold on rallies in gold trading, we must also pay attention to the trading rhythm, once the trading rhythm cannot be accurately grasped, it is easy to suffer losses in long and short transactions. At present, we focus on the resistance area of 2340-2345 at the top and the support area at 2320-2315 at the bottom.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
According to the current trend of gold, as gold fell below the rising trend line multiple times yesterday, the momentum of gold bulls gradually declined, and gold currently maintains a volatile downward trend in the short term. On a technical level, candle lines continue to test lows and are suppressed by short-term moving averages. Even after touching support, the rebound strength is much weaker than before, so in the short term, relatively speaking, I still focus on shorting gold on highs. .
On the whole, gold has been oscillating back and forth in a large range recently, with no real unilateral trend. So even if I focus on shorting gold on rallies in gold trading, we must also pay attention to the trading rhythm, once the trading rhythm cannot be accurately grasped, it is easy to suffer losses in long and short transactions. At present, we focus on the resistance area of 2340-2345 at the top and the support area at 2320-2315 at the bottom.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Trade active:
Initial jobless claims and PPI data will be released later, which may intensify short-term fluctuations in gold, but this is also a good opportunity for us to make profits.
Trade active:
Short gold in the 2340-2342 area
Trade active:
After the data was released, gold once rebounded to near the 2344 position, but the strength and amplitude of the rebound were much weaker than before. Gold is currently trading near the 2340 position. We are shorting gold in the 2340-2342 area, and there should still be a certain profit.
Trade active:
Gold fell below 2340 again, and our short positions have all started to make money
Trade active:
Gold is currently falling sharply in the short term and has touched near the 2322 position. Our short position has hit TP.
Trade active:
Today we made more than 10K profit by shorting gold. This is a good trading result.
