market_guide

Short-Term Market Guide for Gold

market_guide Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.

Short-term advice is to buy if the market falls to 2031-2028. 2036-2039 closed

If the market rises to the position of 2037-2039, sell and close the position of 2031-2028.

After yesterday's sharp rise, there will be a sign of stagnation in the short term. At this stage, we can maintain the method of selling at high points and buying at low points for trading.


Yesterday gold fell on the back of dovish comments from the Federal Reserve. rise directly. It rose to the 2040 line overnight, and now continues to fluctuate at high levels after stepping back to the 2030 line. Because yesterday's news was uncertain. Therefore, novice friends are not recommended to trade. The gold I personally sold in 2012 only made a small profit after covering up my position at a subsequent high level. After all, the risk of selling in this market is very high.

Today’s focus will be on the release of US initial jobless claims data. There will be some trading signals before then and I will update then. If you can't trade or trade badly. Remember to pay attention to the news in a timely manner and use it as a reference.

If you are new to this. You can't complete the transaction on your own yet. You can refer to my trading ideas. hope it helps you.
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If there are novice friends who follow my signals to trade. Then you must have added sell orders at a high level. Gold is currently at the position of 1936. Overall, there is a certain profit.
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After the sell order is closed, the buy order will be connected immediately.1
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Buy orders are closed after 2038. The next trade will take place after the news is released
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Today's sell high and buy low profits are really good.
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The data is bearish, but you can mainly buy. Buy at 2028-2029 prices. Stop loss 2020. Take profit 2038
Comment:
The trend of gold is about the same as I expected. All are now profitable
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You can continue to buy below 1940
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To be honest, this period of time was quite painful. But for the current gold. I think the opportunity to buy is great.
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