Yuliya10

Gold made a perfect profit today, continue with the strategic la

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar


There must be some hobby, just like the love of time for plants and trees.

I didn’t feel deeply about it before. As my trading time and age increase, I find this statement more and more wonderful!

This kind of hobby is like finding a place for the soul to live.

Especially every time I focus on the market and make a settlement, every time it runs as expected, it is like eating candy in life. I think this is my meaning, and my soul will eventually have something to rely on.

In terms of gold, in early trading we directly prompted 2370-2 to be short. And after profit reduction, you can hold it in the mid-term and arrange two positions, namely short-term and medium-long term.

Quick retracement of 2350 as expected.

When it continues to be suppressed below 60 in the afternoon, it is necessary to go short directly.

Although there was a slight difference of 1-2 US dollars and we did not enter the market, the market was in line with our expectations.

After the European market retracement, what should be the next plan?

After rising and falling in the early trading, the price continued to weaken in the afternoon. Even in the correction market, it was still weak in the evening.

Weakness and extreme weakness need to be distinguished.

If it is an extremely weak form, the price will definitely retrace without rebounding. But this is not the case currently. Instead, it rebounds first and then retreats.

Therefore, the next strategy can focus on the 57-59 short position, use 63 as the defensive position, break the position to adjust the position, and continue to look at the vicinity of 48-43 below.


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