Yesterday and today I have made it very clear to everyone about gold trading ideas. We mainly focus on shorting gold at high levels. Today we are short gold in the 1925-1927 area and near 1923, and have successfully reached my expected profit target. Obviously, we got another good profit today.
Regarding the current structural trend of gold, the short energy of gold has the upper hand. In the short term, gold maintains a volatile downward trend, while local rebounds show weakness. Therefore, next we focus on the short-term resistance above. If gold cannot effectively break through the short-term resistance, that is a good time for us to short gold. In the short term, focus on the 1922 and 1928-1930 area resistance. If there is an opportunity, you can short gold appropriately around this area.
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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Later, when I have the opportunity, I can go long gold to gain profits from the partial rebound of gold.
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After going long gold, wait patiently for gold to rebound and then continue to short gold.