Super_Antonio

Continue to make money by shorting gold

Short
Super_Antonio Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I mainly gave you a trading idea in the channel today. At present, we are still mainly shorting gold at high levels. I will inform you to short gold near the 2030 position, and then continue to add positions to short gold near the 2035 position, and set the TP to 2023. Very Obviously, gold has just fallen back again after rebounding near the 2033 position and happened to hit the TP2023 position. We made a profit of $7. It is a pity that the gold market did not give us the opportunity to add positions, but we are still satisfied with our profits.

According to the current gold trend pattern, gold is still in the process of adjustment, and its local rebound has not been extended. Therefore, I still advocate shorting gold at a high level. The short-term resistance above is currently in the 2040-2042 area. However, the buying support below is still strong. As long as gold stays above 2020, gold may still rise again. Therefore, we must set a reasonable TP in the transaction to help us make timely profits and prevent profits from decreasing.

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!
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If gold falls first, we can go long gold later
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