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Six hours ago, I suggested shorting around 3765 to 3770, waiting for support before going long. Based on market trends, this strategy is perfectly sound. The price has now risen to the resistance zone, which is exactly the take-profit point of my long position. I plan to close the long position first, and then go short again in the range of 3775 to 3785. Wait until the price falls back to the lower support level, and then look for opportunities to take back long orders. In today's market, both long and short positions can be profitable.

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Сделка активна

I'd be honored if you agree with this idea! If you have your own opinions, please leave a comment in the comment section. I look forward to seeing your ideas and sharing them with you!

This operation of long and short orders went very smoothly. The short order above 3775 has dropped by more than ten US dollars. This is my third transaction in this range, which is perfect! This is my third trade in this range, a perfect one!

The price has now reached around 3760. Technical indicators suggest further declines are possible, but we must closely monitor support at 3760.

If this is your first trade of the day, consider being conservative and reducing your position or taking profit. Personally, I plan to hold on to maximize my gains and continue watching for a breakout. I personally plan to hold on to maximize my gains and continue to watch for a breakout. If the market rises again during the New York session, I will use the gains I made to increase my short position in gold.