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Apr 9, 2024 2:52 AM

Gold fluctuates at high levels and does not chase the rise Short

GoldOANDA

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The market of gold fluctuates at high levels. Do not chase long at high levels. Before breaking through new highs, the short-term market will continue to be short. If gold opens in a hurry, it is generally not possible to directly chase the rise. There is a high possibility of falling back after rising high.

Gold has been oscillating at a high level for 30 minutes, and now it has reached a high level again. There is no need to chase the longs. If gold cannot go up, it may form a double top pattern in the short term. If gold is long, you need to pay attention to the support of 2318 before considering it. There is no need to chase the highs for the time being. many.

The market is changing rapidly, and short-term gold has fluctuated at high levels. Don’t chase the highs. The market has its own rhythm. We can only dance with the rhythm and melody of the market, so that the dance steps will be graceful. If you are still in chaos on the dance floor, then you can First find a coach to practice with.

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Comment

Gold 2345 long order, profit has been made, are you following the signal?

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Gold continues to make profits, and there is still $10 close to the target price

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2383's gold short order was profit-taking. Trading is a picky thing. Not everyone is suitable for this market. When you see an opportunity, you must be decisive, make decisions immediately, look forward and backward, and always hesitate. If you miss the opportunity, you can only take advantage of it. Gold surges higher and falls back, with heavy resistance above. How can you see a rainbow without going through wind and rain?

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Comments
ibrar550
golds problem is everyone FOMC and fed member this week daily has been vocal about keeping rates high and not cutting
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