Continue to achieve a stable weekly profit of 20K
Let’s first review the overall trading situation this week. A total of 18 transactions were generated this week, two of which experienced small losses, and the other 16 transactions achieved varying degrees of income, with a total income of $18.3K.I am only 1.7K away from achieving a stable profit of $20K per week, which is overall a good result.
According to the current gold trend pattern, gold finally held the 1980 line on Friday, indicating that short-term support still exists. If gold fails to effectively fall below the 1970 position, it may be difficult to continue the correction.Then the bullish energy may organize another round of attack at any time, supporting gold to hit the 1990 position again.However, the current short-term resistance of gold still remains near the 1990 position. If gold fails to effectively break through the 1990 position for a long time, gold may return to the short trend again. So at the beginning of next week, we will first focus on the three positions of 1970, 1980 and 1990. We can perform high-sell and low-slag operations on gold around these three positions. I believe that we can still achieve a perfect victory in the trading next week.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
According to the current gold trend pattern, gold finally held the 1980 line on Friday, indicating that short-term support still exists. If gold fails to effectively fall below the 1970 position, it may be difficult to continue the correction.Then the bullish energy may organize another round of attack at any time, supporting gold to hit the 1990 position again.However, the current short-term resistance of gold still remains near the 1990 position. If gold fails to effectively break through the 1990 position for a long time, gold may return to the short trend again. So at the beginning of next week, we will first focus on the three positions of 1970, 1980 and 1990. We can perform high-sell and low-slag operations on gold around these three positions. I believe that we can still achieve a perfect victory in the trading next week.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active:
Next week we will first focus on the resistance near 1990. If it cannot be broken through, we can consider shorting gold.
Trade active:
Below, we will first focus on the support near 1970. If it cannot fall below, we can consider going long gold.
Trade active:
If gold can remain above 1970, then gold as a whole will have a chance to maintain its upward trend next week
Trade active:
There is still a chance to go long on gold after gold pulls back
