Trader_Christofer

Continue to short gold and expand profits

Short
Trader_Christofer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The trading signal for shorting gold announced today has successfully reached our take-profit position of 1924 and achieved good returns. The trading signal is as follows:

Xauusd:@1930-1932Sell, TP:1924

On Monday today, gold went up from 1920 to rectify, the highest reached around 1933, and then fell back sharply again, so far it has continued to maintain at 1933-1920 to rectify. Therefore, the gold empty order plan we implemented is also perfectly profitable.
Gold has rebounded to around 1928 from 1921-22, and the current trend of gold is a bit like a head and shoulders pattern.

The vicinity of 1928-1930 happens to be the shoulder position of this 15-minute trend. Next, if it stabilizes at 1928-1930, it is very likely that it will come down again and touch the bottom at 1922-1920.

Therefore, my suggestion for the next operation is to focus on around 1928. If you can't continue to go up, you can enter the market and short.

The lower target first looks at 1922-1920, followed by the 1910 low. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
Trade active:
Gold still has a chance to trade later
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