MagicTrader_Manuel

Short gold first, then plan to go long gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Dear friends, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term need for a callback to repair indicators.

So I have clearly informed everyone that we can try to short gold in the 2163-2165 area in small batches (the specific content of the trading signals is in the channel at the bottom of the article). First try to seize the profits of the short-term correction of gold. After the correction of gold is in place,we will still follow the gold trend and be long gold. In this way, we can grasp the profits of both long and short sides,

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:
In short term trading, we first try to short gold in the 2263-2265 area.
Trade active:
Are you already short gold like me?
Trade active:
We are shorting gold in the 2263-2265 area and have now hit the TP, making a profit of over 20 points on this trade.
Trade active:
Gold continued to fall in the short term. From the one-hour chart, gold has not fallen enough and may even touch the 2225-2220 position area. When the gold short position touched 2225TP, I then continued to short gold in small batches at 2246 and 2237 positions.
Trade active:
Gold is currently under short-term suppression of 2240. If gold cannot break through for the time being, gold may continue to pull back.
Trade active:
Gold will continue to rebound in the short term. Where will gold rise?

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