Still sticking to long gold!

15 окт.

Today, gold reached 2638 during the retracement process and then rebounded again, but did not effectively fall below 2640. The gold correction did not fall below 50%, so there is still room for gold to rise again.

From the perspective of technical structure, gold has signs of building a head and shoulders bottom pattern at the short-term level. Once gold cannot effectively fall below 2640, it is still possible for gold to rise to the 2670-2680 area.

So in terms of short-term trading, if gold falls back to the 2645-2640 area, I will consider adding more money to be long gold.

15 окт.

Сделка активна

Gold is rising rapidly as expected and is trying to break through 2660

15 окт.

Сделка активна

Gold has risen to around 2663 and is currently falling back. You can go long on gold again after it falls back.

15 окт.

Сделка активна

Bros, have you followed me and gone long on gold?

15 окт.

Сделка активна

Bros, I will try to short gold around 2668. Are there any brothers who want to join me?

15 окт.

Сделка активна

Bros, gold has fallen back below 2660 again. We just shorted gold near 2668 and are now making a profit again.

15 окт.

Сделка активна

Bros, have you followed me in shorting gold?

16 окт.

Сделка активна

Bros, gold fell to around 2658. We ended the short trade with a profit of 100 pips. Gold rebounded again and reached the 2670-2680 area as scheduled.