Gold has a 10-game winning streak, continue to be short on gold
Dear friends, gold is currently in a volatile correction. The lowest point of gold has been corrected to around 2162, and compared with the highest point near 2222, it has corrected 60 US dollars. So will gold continue to fall?
In fact, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at once. Because during the decline of gold, gold rebounded to around 2186 again after pulling back to around 2162, which has recovered the $20 drop. This will also increase the voice of buying gold on dips in the subsequent market. And this just proves that although gold is currently in a correction trend, gold bulls still have the ability to resist!
Therefore, we must be careful in trading, especially in controlling the transaction price, otherwise we will easily lose money in the transaction. As for the trading rhythm, do you tend to be short gold or long gold? As for me, I personally prefer to short gold at high levels. The first is that the US dollar is relatively strong, which limits the room for gold to rise; the second is that gold currently has a need for a correction after a sharp rise, and gold currently faces resistance in the 2175-2180 area in the short term.If gold cannot strongly break through the resistance in this area again, then gold will continue to correct.
Therefore, in terms of trading, I personally prefer to short gold based on the resistance in the 2175-2180 area. 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, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at once. Because during the decline of gold, gold rebounded to around 2186 again after pulling back to around 2162, which has recovered the $20 drop. This will also increase the voice of buying gold on dips in the subsequent market. And this just proves that although gold is currently in a correction trend, gold bulls still have the ability to resist!
Therefore, we must be careful in trading, especially in controlling the transaction price, otherwise we will easily lose money in the transaction. As for the trading rhythm, do you tend to be short gold or long gold? As for me, I personally prefer to short gold at high levels. The first is that the US dollar is relatively strong, which limits the room for gold to rise; the second is that gold currently has a need for a correction after a sharp rise, and gold currently faces resistance in the 2175-2180 area in the short term.If gold cannot strongly break through the resistance in this area again, then gold will continue to correct.
Therefore, in terms of trading, I personally prefer to short gold based on the resistance in the 2175-2180 area. 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.
Сделка активна:
We can first consider shorting gold for the first time in the 2175-2177 area
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At present, gold has fallen back to around 2173. We have started to make money and now we are waiting for gold to continue its correction.
Сделка активна:
Gold has never been able to break through the 2175-2180 resistance area during its rebound, and gold will continue to fall.
Сделка активна:
Gold has now fallen back to its lowest position near 2168, and we have made a lot of money.
Сделка активна:
Gold has now pulled back to its lowest level near 2165, successfully hitting TP. We made very good profits
Сделка активна:
Gold is still continuing its decline and has now fallen to around 2163. Have you followed my signal to short gold?
