Short-term-king

Experience of zero loss n gold trading and comprehensive victory

Long
Short-term-king Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Because of the banking crisis and the issue of the U.S. debt ceiling, which raised concerns about the recession, gold bulls began to move again, and gold rebounded to near the 2010 position in the short-term during the day.From the perspective of the recent gold trend structure, gold has stopped falling at the 1970 position many times and rebounded with the help of this position. Then the technical rebound test pressure is a high probability behavior; however, the technical pressure above is concentrated at the 2006 position of the densely traded area. If the 2006 position area cannot be effectively broken through, then gold will stage a surge and fall at any time.

In addition, it should be noted that while gold is repeatedly tested to fall, it cannot effectively break the position. We cannot stubbornly watch the decline continue. The rebound is also part of the short-term rhythm, and it can also bring us a lot of short-term profits. We should not abandon this part of the profit.In addition, gold washes back and forth in the space of 30 US dollars from time to time, so we must grasp the rhythm of trading in the process of trading, otherwise it is easy to be swept back and forth.

In trading today, the trading signals I announced on the channel for shorting gold around 1999-2000 and 2006 all reached the take-profit target of 1995. The trading signals in the last two weeks have achieved a comprehensive victory, and the 0 loss is enough for us to reap satisfactory profits.At present, gold is trading near 1985. At this position, we must first observe the continuation of the situation. For the time being, do not directly short or long gold. If there is a good trading opportunity, I will announce it on the channel as soon as possible. Please pay attention to the trading signals in the channel.
Trade active:
Gold is currently trading near 1988. Let's first observe the breakthrough situation in the 1986-1990 area, and consider continuing the market.
Trade active:
After gold waits to break the equilibrium range, it will follow the continuity of trading, and wait and see in the equilibrium interval.
Trade active:
Gold is currently trading around 1997, and gold has broken through the 1988-1990 equilibrium area. Yesterday, I said that if you break through the equilibrium area to see the continuation of the market, then gold will continue to rebound up to around 1998. Have you grasped this part of the trading profit?
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.