During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and build a bottom. Although the overall trend was bearish, But after the rebound, there will be better room to fall.
So in terms of short-term trading, if you read my last article, you should consider following me to do long gold in the 2316-2314 area, TP: 2325. If you have not participated in the transaction,I still insist on the short-term long gold view and boldly go long gold in the 2316-2314 area. After gold rebounds to the 2325-2330 area, I will consider backhand shorting gold.
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Gold rebounded strongly in the short term, hitting TP: 2325. I will short gold again later
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Gold shows two long upper shadows in the short term. Gold refuses to continue to rise. You can start shorting gold in the 2324-2326 area.
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The original plan was to short gold after gold touched the 2325-2330 target area. I had already shorted gold at 2325.73. Gold had just fallen short-term to near 2316 and did not hit TP: 2314. So I still hold a short position in gold. , looking forward to gold hitting TP again
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Gold rebounded above 2326 again. I think the gold rebound is still an opportunity to short gold.
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Gold rebounded strongly and hit SL2333 and was out. My 13-game winning streak in gold trading was interrupted. Later I will look for suitable opportunities to participate in transactions again
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If gold retraces back to the 2322-2320 area, I will begin to re-enter the trade and go long gold
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Gold rebounded again after touching around 2322, giving us the opportunity to go long gold.
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Gold has shown signs of shock and bottoming in the short term. According to the current trend pattern, gold still has a chance to hit the 2350-2355 area. I have gone long gold in the area near 2322. Are you long gold like me?
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Gold rebounded above 2325 and our long positions have started to make money
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We temporarily set TP to 2335 and hope that gold can continue its rise and hit TP.
hi I am not interested in the topic. In the analysis, you mentioned that gold will go down from the 2337 zone to the first target of the 2312 zone and then below 2300 But you said in the comments that you bought from 2322
Trading-Hawkeye
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@IDEAL, I don't know what you are talking about, please read the full text carefully. If you have any questions after reading each text, you can ask and I will answer you.
I am not interested in the topic. In the analysis, you mentioned that gold will go down from the 2337 zone to the first target of the 2312 zone and then below 2300 But you said in the comments that you bought from 2322