Trading requires courage, short gold first

Gold has been rising all the way to new highs. After gold hit a high near 2450, it encountered resistance and fell back. The strength of the rise has weakened. In the short-term trend, the top shock has obviously narrowed. In the short-term, it may re-choose its direction. Moreover, the technical level deviates from the technical indicators, and gold has a need for a correction. I don’t think it makes much sense to continue chasing gold at high levels now. Even if we want to be long gold, we have to wait for gold to pull back and stabilize.

Therefore, in terms of trading, do not easily chase gold at high levels. Gold continues to rise, and the energy of bulls needs to be released. So now it is either a quick adjustment to release, or a long period of sideways trading, exchanging time for space to release. So in terms of short-term trading, I prefer to short gold, and I have already done so.

Trading requires courage and even more decisiveness. Execution is the only criterion for profitability. Regret is meaningless.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !

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At present, gold has fallen back below 2440, and our short position has begun to make money.

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Gold has now fallen back below 2330 and has quickly hit our TP

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Gold plummeted as expected, reaching as low as 2420. Our short position made a very considerable profit.

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Did you follow my advice to short gold?

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It’s time to consider going long gold in the short term

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Gold rebounded above 2420 again. Are you long gold like me?

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Gold has fallen back again, but as long as gold remains above the 2413 position, gold still has the potential to continue to rebound.

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The gold we bought near the 2410 position has already made a very good profit. Now we can manually close the position and lock in the profit in time.