Gold 2197 is directly empty! There may be a big drop today!
It is difficult for gold to rise again today, so don’t blindly chase the bullish price. Let’s talk about the results first, short selling near 2197!
Recently, after gold hit a new all-time high, it has been in a high-level and wide-range consolidation pattern, and the overall trend is strong. This week, we have made good profits by going long at low levels continuously. However, after the bulls repeatedly attacked 2200, they failed to achieve an effective breakthrough, and each time they approached this area, there was a significant retracement. This shows that there is very strong short selling above the 2200 area.
Although the daily macro-cycle is still a bullish trend, the short-term one-hour period started from the all-time high of 2222, and the highs are getting lower every time. Looking at the overall trend in the past two months, gold has been rising unilaterally since 1987. Until it hit a new all-time high of 2222, there was no deep decline. This was mainly driven by the stimulus from the Russia-Ukraine battlefield and the expectation of the Federal Reserve to raise interest rates. . As you can see, the bullish sentiment in the market is gradually fading. The strength is no longer strong and the defense is weakening. The price is rising during the day. Even if it can break through 2200, I think the probability of setting a new historical high in the short term is extremely low! Even when stagflation rises and small-level forms peak, it will be an opportunity for short sellers to intervene! Perhaps the short forces are gradually stepping in!
Therefore, before the large cycle pattern reaches its peak and when the small-level resistance pattern turns short, enter the market with a short position first! If the trend is as expected, you can gradually increase your short position. In short, with the current high level consolidation under strong pressure, I will not easily chase the rise! And has started short selling at 2200!
Specific operation strategies:
2197 short, stop loss 2203, target reference 2184-2174, or close the position when the five-minute pattern peaks!
Recently, after gold hit a new all-time high, it has been in a high-level and wide-range consolidation pattern, and the overall trend is strong. This week, we have made good profits by going long at low levels continuously. However, after the bulls repeatedly attacked 2200, they failed to achieve an effective breakthrough, and each time they approached this area, there was a significant retracement. This shows that there is very strong short selling above the 2200 area.
Although the daily macro-cycle is still a bullish trend, the short-term one-hour period started from the all-time high of 2222, and the highs are getting lower every time. Looking at the overall trend in the past two months, gold has been rising unilaterally since 1987. Until it hit a new all-time high of 2222, there was no deep decline. This was mainly driven by the stimulus from the Russia-Ukraine battlefield and the expectation of the Federal Reserve to raise interest rates. . As you can see, the bullish sentiment in the market is gradually fading. The strength is no longer strong and the defense is weakening. The price is rising during the day. Even if it can break through 2200, I think the probability of setting a new historical high in the short term is extremely low! Even when stagflation rises and small-level forms peak, it will be an opportunity for short sellers to intervene! Perhaps the short forces are gradually stepping in!
Therefore, before the large cycle pattern reaches its peak and when the small-level resistance pattern turns short, enter the market with a short position first! If the trend is as expected, you can gradually increase your short position. In short, with the current high level consolidation under strong pressure, I will not easily chase the rise! And has started short selling at 2200!
Specific operation strategies:
2197 short, stop loss 2203, target reference 2184-2174, or close the position when the five-minute pattern peaks!
Trade active:
gold experienced another roller-coaster market washout. All my friends, you must keep up with the pace. The market is currently stable. If there is any information, I will post it on my channel.
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
gold experienced another roller-coaster market washout. All my friends, you must keep up with the pace. The market is currently stable. If there is any information, I will post it on my channel.
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
I have met many investor friends who know nothing about investing, blindly enter the market, and lack investment skills and knowledge. Therefore, he lost a lot of money. I would like to remind everyone: investment is risky and you need to be cautious when entering the market. I'll be waiting for you in my channel if needed.
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
I'm really happy that every one of my friends is getting better and better, maybe you lost a lot of money in trading, but please don't lose hope in life, God will help every kind person, join my channel to get it for free Trading Signals, maybe this is God's help for you
Trade active:
Gold has shot up like a rocket recently and everyone who sold them suffered huge losses, but everyone who followed my advice made huge profits and all my predictions were 100% accurate. Next, I will continue to update some gold trading information. If you need anything, please click on my channel. I will wait for you in my channel.
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Join my channel to publish trading signals every day
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Join my channel to share free trading signals every day
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The arrival of the 4.5 non-agricultural data is the last trading day for crazy profits this week. I will post trading signals on my channel.
Trade active:
The arrival of the 4.5 non-agricultural data is the last trading day for crazy profits this week. I will post trading signals on my channel.
Trade active:
Join my channel to share free trading signals every day
Trade active:
The arrival of the 4.5 non-agricultural data is the last trading day for crazy profits this week. I will post trading signals on my channel.
Trade active:
The trend of gold has changed, beware of the storm! Use caution when trading. The market will rise or fall significantly. let us wait and see. I will post any news on my channel.