Still maintaining the trading rhythm of shorting gold
Dear friends, I reminded you last week that after multiple retracements, gold fell short of expectations during its rebound and was never able to break through the 2180 position. So once the bull momentum of gold fails, the short momentum may counterattack at any time,promoting a deep correction in gold.
At present, gold continues to fall. At present, gold has reached its lowest position near 2146, falling below the key position of 2150. Although gold has rebounded, it appears to be very weak during the rebound, and according to the current gold structure,after gold fell below 2150, the gold market still has room for adjustment.
So in terms of trading, I tend to short gold after gold rebounds, and the current short-term resistance of gold is in the 2160-2165 area.I share detailed trading ideas and trading strategies every day. While we enjoy the trading process, profit is king. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
At present, gold continues to fall. At present, gold has reached its lowest position near 2146, falling below the key position of 2150. Although gold has rebounded, it appears to be very weak during the rebound, and according to the current gold structure,after gold fell below 2150, the gold market still has room for adjustment.
So in terms of trading, I tend to short gold after gold rebounds, and the current short-term resistance of gold is in the 2160-2165 area.I share detailed trading ideas and trading strategies every day. While we enjoy the trading process, profit is king. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
Trade active:
We can first short gold in the 2156-2158 area
Trade active:
Continue to add appropriate positions to short gold in the 2160-2162 area
Comment:
At present, the rebound momentum of gold has weakened. We continue to hold short positions. Let us look forward to the decline of gold.
Trade active:
Gold is falling right now and we are about to have a nice profit
Trade active:
Although gold has not yet started to fall, it is currently facing resistance. We wait patiently for gold to fall.
Trade active:
Don’t worry, gold is bound to fall
Trade active:
Gold is starting to fall, let us look forward to it
Trade active:
Gold fluctuated within a narrow range in the 2158-2160 area, and failed to break through the 2165 position during the rebound. Then there is still strong pressure above gold. As gold has not been able to rise,gold is likely to choose a downward direction
