Gold’s 5-game winning streak continues to be short gold
Dear friends, gold has rebounded again after hitting 2148 in the short term. Gold is currently trading near 2154. Judging from the current gold trend pattern, the bullish momentum of gold has not been exhausted yet, and gold is expected to continue its rebound. However, the technical pressure above is relatively strong.So gold is relatively in shock.
In fact, in my opinion, gold is currently facing a strong resistance area of 2165-2170 in the short term. Therefore, from a technical perspective, it is almost impossible for gold to rise sharply. Then gold will continue to pull back after encountering the resistance area. . So in terms of trading, I still insist on shorting gold at high levels.
How do you get involved in gold trading? 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, in my opinion, gold is currently facing a strong resistance area of 2165-2170 in the short term. Therefore, from a technical perspective, it is almost impossible for gold to rise sharply. Then gold will continue to pull back after encountering the resistance area. . So in terms of trading, I still insist on shorting gold at high levels.
How do you get involved in gold trading? 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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Gold is currently oscillating in the range of 2158-2153, and the profit margin is not large. We continue to wait for gold to rebound before shorting gold.
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Gold is currently rebounding, and opportunities to short gold are about to arise
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How do you get involved in gold trading? 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 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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We can try to short gold near the 2157 position in small batches
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For the time being, we remain short gold
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At present, gold has rebounded to around 2158 and is about to face the resistance area of 2160-2165 again. Gold may fall again after touching this area.
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The fact that gold did not break through the resistance area during its rise is good news for us, because it will consume too much bullish momentum and is more conducive to gold's correction.
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In fact, before the Federal Reserve interest rate decision is announced this week, gold should not have enough power to form a trending market. Then we can choose to go long or short gold based on support or resistance. I am 100% sure to make money.
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Gold has never been able to break through 2160 during its rebound, confirming the market's bearish sentiment and making gold even weaker.
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Continue to hold short positions in the 2157-2159 region
