Today I have given you two trading ideas, one is to short gold in the 1949-1951 area, and the other is to continue to short gold in the 1958-1960 area. After gold hit its highest level near 1962, gold fell directly to around 1938. Our gold short order made a perfect profit, and we also made a lot of profits.
For the next gold trading, I think according to the technical analysis of gold charts, gold should start to fall. However, the current conflict in the geopolitical situation has led to a surge in market risk aversion, which has played an absolute supporting role for gold.Therefore, for the current market, we cannot rely entirely on technical analysis. We should combine market news to judge the direction of the gold market. If the geopolitical conflict escalates and spreads, then gold will definitely continue to rise, but if the geopolitical conflict eases slightly, then gold will completely return to its technical aspects. For the short term, we first focus on the support in the 1936-1934 area, and the upper side first focuses on the resistance near 1968-1970.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
For the next gold trading, I think according to the technical analysis of gold charts, gold should start to fall. However, the current conflict in the geopolitical situation has led to a surge in market risk aversion, which has played an absolute supporting role for gold.Therefore, for the current market, we cannot rely entirely on technical analysis. We should combine market news to judge the direction of the gold market. If the geopolitical conflict escalates and spreads, then gold will definitely continue to rise, but if the geopolitical conflict eases slightly, then gold will completely return to its technical aspects. For the short term, we first focus on the support in the 1936-1934 area, and the upper side first focuses on the resistance near 1968-1970.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active:
As gold rebounds again, first focus on the support below 1938-1940
Trade active:
As gold rebounds again, first focus on the support below 1938-1940. You can go long gold around this area in the short term.