Gold is about to have a big market, keep shorting gold
Dear friends, gold is currently oscillating in the 2155-2160 area. The trend of gold is relatively cautious, and the long and short forces are also relatively restrained. This is because the Federal Reserve’s interest rate decision is about to come and Powell holds a monetary policy conference. Therefore, before the news was announced, the market performance was relatively restrained and there was not much fluctuation. This is also the reason why I set the TP relatively small when I participated in the transaction yesterday.
In fact, according to the current technical level, gold fell short of expectations during its multiple rebounds. Not only did it fail to stand firm at 2170, it could not even break through 2165. And gold has consumed a lot of bullish potential in this process, and as the technical pressure above gradually moves downwards, gold's performance is getting weaker and weaker, so I personally tend to be bearish on gold. This is why I continued to short gold yesterday.
At present, our gold short position still has good profits. You can continue to hold it and wait for gold to hit TP and expand 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.
In fact, according to the current technical level, gold fell short of expectations during its multiple rebounds. Not only did it fail to stand firm at 2170, it could not even break through 2165. And gold has consumed a lot of bullish potential in this process, and as the technical pressure above gradually moves downwards, gold's performance is getting weaker and weaker, so I personally tend to be bearish on gold. This is why I continued to short gold yesterday.
At present, our gold short position still has good profits. You can continue to hold it and wait for gold to hit TP and expand 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.
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At present, gold has reached its lowest level near 2153. It seems that the bears are still slightly stronger.
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The short-term structure of gold shows a volatile downward structure, which is beneficial to us
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Gold is about to hit TP. Let’s wait and count the money.
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I think gold needs to at least test the 2152-2150 area
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Gold really hit the 2152-2150 area and then rebounded again. Everything was expected.
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Gold has already fallen. Some friends may still want to continue chasing gold short, so I suggest that you may need to wait. Gold may rise again after this round of decline.So don’t continue to chase short gold easily at this time.
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Gold rebounded as expected. If you followed my advice, you should avoid continuing to short gold.
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Do you think the interest rate decision will be positive or negative for gold?
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Gold is now supported by the 2150-2145 area
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Gold trends appear more cautious ahead of interest rate decision announcement
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I think gold will rise first and then fall
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Gold is consistent with my expectations. Gold first rose to around 2175 and then fell back. This is completely in line with my prediction that gold will rise first and then fall.
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I predict that gold will not have enough momentum to break through 2185, so we can continue to add positions to short gold at 2183-2185, and set the TP of all orders to 2165
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Gold is currently stalled near 2186, and its upward momentum has slowed down. This is good news for us.
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Will gold pull back again?
