How to save yourself if you are long gold? Are you long gold?
Today I gave a trading idea in the channel. We mainly focus on shorting gold. However, before shorting gold, we first went long gold in the 1992-1990 area, TP: 1996, and happened to hit 1996 during the partial rebound of gold, and we made a profit in gold trading.
Gold continued to fall after falling below the 2000 level. Gold is currently trading near the 1981 level. Although gold shorts have strong energy, it is impossible to continue to short gold at the 1981 level. Beware of gold's short-term rebound. Gold's continued decline and downward breakthrough today eliminated those who were long last Friday and Monday. Once the long chips are eliminated, gold may usher in a rebound at any time in the short term.
So, now I am not worried about whether gold will continue to fall. Instead, I am thinking about where gold will rise if it rebounds? All in all, it is not easy to be aggressive in shorting gold in current transactions. On the contrary, you should consider going long gold in the short term in due course, or wait until gold rebounds before shorting gold.
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!
Gold continued to fall after falling below the 2000 level. Gold is currently trading near the 1981 level. Although gold shorts have strong energy, it is impossible to continue to short gold at the 1981 level. Beware of gold's short-term rebound. Gold's continued decline and downward breakthrough today eliminated those who were long last Friday and Monday. Once the long chips are eliminated, gold may usher in a rebound at any time in the short term.
So, now I am not worried about whether gold will continue to fall. Instead, I am thinking about where gold will rise if it rebounds? All in all, it is not easy to be aggressive in shorting gold in current transactions. On the contrary, you should consider going long gold in the short term in due course, or wait until gold rebounds before shorting gold.
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:
Gold is currently below 1980, I think now is a good time to go long gold to make short term profits
Trade active:
Xauusd: @1977 Buy
Trade active:
At present, gold has rebounded to near the 1982 position, and some profits have been made by going long gold near the 1977 position.
Trade active:
Although gold's rebound is weak, it still remains above the 1980 position. Gold still has the opportunity to continue its rebound.
