I have started shorting gold to make profit,and you???
Today I gave you a clear trading idea in the channel, shorting gold with the 2046 position area as resistance. Before the release of the US initial jobless claims data today, I shorted gold near the 2039 and 2042 positions respectively. In order to avoid the gold market being swept up and down under the stimulus of the data after the data was released, I set a small TP of 2036. Obviously , after the initial jobless claims data was released, gold fell back after touching near the 2044 position, and the lowest hit near the 2033 position, perfectly hitting my profit target.
According to the current gold trend pattern, gold has recently fallen into a triangle consolidation situation after hitting its recent high near the 2052 position. Therefore, both the long and short forces currently have a certain amount of energy, but relatively speaking, gold is relatively resistant to falling. Gold chose to fall tentatively today, firstly because of the closing of long positions, and secondly because of the gradual participation of short energy in the market. Then gold is likely to pull back downwards. First, focus on the lower support near 2030, and secondly, the key support is near 2020. If gold falls below the 2030 position, then gold will definitely test the 2020 key position support. Therefore, the next trading rhythm can be based on shorting gold on rallies.
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!
According to the current gold trend pattern, gold has recently fallen into a triangle consolidation situation after hitting its recent high near the 2052 position. Therefore, both the long and short forces currently have a certain amount of energy, but relatively speaking, gold is relatively resistant to falling. Gold chose to fall tentatively today, firstly because of the closing of long positions, and secondly because of the gradual participation of short energy in the market. Then gold is likely to pull back downwards. First, focus on the lower support near 2030, and secondly, the key support is near 2020. If gold falls below the 2030 position, then gold will definitely test the 2020 key position support. Therefore, the next trading rhythm can be based on shorting gold on rallies.
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 rebounding and we can later look for opportunities to short gold again
Trade active:
If gold fails to break through 2040 many times, you can try to short gold near the 2040 position.
Trade active:
At present, gold has fallen back to around 2039 again, and we have begun to make profits.
Trade active:
Gold has fallen back to around 2036 again and is about to hit my expected profit target of 2035
Trade active:
Today's roadshow announced that gold is shorting gold near the 2040 position, and now it has once again hit my expected profit target of 2034. Congratulations to the friends who followed the trading signals for making another profit
Today's roadshow announced that gold is shorting gold near the 2040 position, and now it has once again hit my expected profit target of 2034. Congratulations to the friends who followed the trading signals for making another profit
