Go ahead and try shorting gold!

11 дек.

Bros, due to the renewed tension in the geopolitical situation and the surge in risk aversion in the market, gold has risen sharply in the short term, and the current highest has reached around 2618. However, the continuity of the gold market, which has risen due to news stimulation, remains to be seen!

And from the chart, although gold has risen strongly, it still faces resistance in the 2720-2725 area in the short term. This is the last line of defense in the bear market, so it is not easy for gold to continue to break through. If gold fails to successfully cross this resistance area, then after consuming the bullish momentum to a certain extent, gold may retreat again and retest the 2700-2695 area.

So in terms of short-term trading, I will still not give up shorting gold. I will still try to add positions to continue shorting gold based on the 2720-2725 resistance area! Do you think gold will pull back? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!

11 дек.

Сделка активна

Bros, gold is currently falling, which is good news for us. Let us be patient, gold will continue to fall.

12 дек.

Сделка закрыта вручную

Good morning, bros! As expected, gold fell back after hitting the resistance area of ​​2720-2725 in the early morning, and fell to around 2701. Because gold fluctuated too quickly, I did not catch the lowest point to close the order, but closed the order around 2704, and ended the transaction with a profit of nearly 7K.

Because I shorted gold too early at 2703 in the first transaction, when gold continued to rise to 2712 due to news, it hit SL and lost 4K. Two transactions resulted in a profit and a loss, and the overall profit was still 2K. Although the profit was not large, it was not a bad result.

Now the time here is 9:10am, and the London market has just started. Let's look forward to the next transaction!