Super_Antonio

Focus on shorting gold

Short
Super_Antonio Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
It is now 19:30. As of now, gold has been fluctuating back and forth in the 2045-2030 area as a whole today. Gold is currently trading near the 2035 position. According to the current situation, although gold is supported near 2030, judging from the strength of the rebound,the bullish momentum of gold has gradually weakened, and today when gold touched the 2030 position, it also tried to fall below 2030, which indicates the possibility of further decline.

At present, the short-term resistance of gold is concentrated in the 2040-2042 area and the 2048-2050 area. If gold fails to break through this resistance area for a long time, gold may still have the need to call back to 2024-2022 first.So in terms of trading today, I mainly short gold around 2040. There is still a certain amount of profit, so what we have to do now is to wait for the profit to expand. In fact, patience is an excellent quality that must be possessed in trading.

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 starts falling again after rebounding to near 2038
Trade active:
Gold's current lowest price is near 2030 again. Let's see if gold can fall and break through 2030.
Trade active:
Gold once again tries to break through 2030 downwards, then gold will have room for a downward correction
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