Today gold rebounded sharply after falling back to around 3076. The current highest rebound is around 3128. The current highest rebound is around 3128. Although part of the reason is due to the support of the market's risk aversion, I think it is more of a catharsis of the market's bullish sentiment.
So at this time, we should not chase long gold; because with the sharp rebound of gold, the risk of going long is gradually accumulating; secondly, we can refer to the trend of silver. After reaching the high point, it has begun to fall. I think gold may refer to the trend of silver and choose to fall in the short term.
Therefore, in terms of short-term trading, you may wish to consider shorting gold in the 3125-3135 zone, and the 3105-3095 zone is the first focus of our attention to long gold levels after a short-term correction.
You must keep your trading mind active, only in this way can you avoid too many stupid trading signals.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
So at this time, we should not chase long gold; because with the sharp rebound of gold, the risk of going long is gradually accumulating; secondly, we can refer to the trend of silver. After reaching the high point, it has begun to fall. I think gold may refer to the trend of silver and choose to fall in the short term.
Therefore, in terms of short-term trading, you may wish to consider shorting gold in the 3125-3135 zone, and the 3105-3095 zone is the first focus of our attention to long gold levels after a short-term correction.
You must keep your trading mind active, only in this way can you avoid too many stupid trading signals.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Trade active
Brothers, although gold maintains a strong upward trend, in the short term, after gold has continued to rise, 3125 has become the current shock high. From the perspective of a correction, gold still has demand for falling back to the 3100-3090 area. And now gold has begun to fall back as expected, let us wait patiently for it to retreat and reach the target area.You must keep your trading mind active, only in this way can you avoid too many stupid trading signals.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Trade closed: target reached
Gold just pulled back to below 3100 as expected. We closed our positions in time and locked in huge profits. The short-selling gold trading strategy was very unique and achieved huge returns. Bros, did you follow me to short gold?We must keep our trading mind active, only in this way can we avoid too many stupid trading signals.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.