Gold market analysis
The current short pattern of gold is obvious. It is a daily level technical retracement after a sharp rise. The room for this retracement will definitely be very large. On Friday, we arranged a bumper harvest of short orders at 2170 and 2164.
The major support of 2150 has been broken in early trading. If this position is broken, the short position will be confirmed again. At the beginning of this week, we are all bearish at high altitude, and it is expected that there will be a partial rebound in the second half of the week.
If this kind of decline continues, the weekly big top will appear, and it will be difficult to come here again later. We are trading along the trend, and it is also an opportunity to follow. Today we focus on finding short opportunities.
Looking at the analysis chart above, the breaking position of 2150 can indeed indicate that a new wave of shorts has begun, and its triangle pattern is displayed perfectly without any excessive pullback. Today we will rely on small pressure 2156 to short, or we can short directly.
The current short pattern of gold is obvious. It is a daily level technical retracement after a sharp rise. The room for this retracement will definitely be very large. On Friday, we arranged a bumper harvest of short orders at 2170 and 2164.
The major support of 2150 has been broken in early trading. If this position is broken, the short position will be confirmed again. At the beginning of this week, we are all bearish at high altitude, and it is expected that there will be a partial rebound in the second half of the week.
If this kind of decline continues, the weekly big top will appear, and it will be difficult to come here again later. We are trading along the trend, and it is also an opportunity to follow. Today we focus on finding short opportunities.
Looking at the analysis chart above, the breaking position of 2150 can indeed indicate that a new wave of shorts has begun, and its triangle pattern is displayed perfectly without any excessive pullback. Today we will rely on small pressure 2156 to short, or we can short directly.
Trade active:
Sell2148 TP2135
Trade active:
The above transaction has reached our SL position. There are still opportunities to enter the market.
Trade active:
Gold has excellent entry opportunities at the moment, if you don't want to miss out on a deal, please click on my website to contact me
Trade active:
Keep on shorting, guys. The signal from the discussion group was good, and everyone made money.
Trade active:
Keep scalping and if you are not making profits yet, please click on my website.
Trade active:
Scalping trading is ready to begin, brothers, if you still don’t know how to trade, click on my earth, join the discussion group, and contact me
Trade active:
The market is not bad today and scalping can still be profitable. Waiting for 2160 to continue shorting gold, and I wish you smooth trading.
Trade active:
The FOMC news will be released in half an hour. It is expected that gold will rise briefly and then fall. You can click on my website and I will give you market trading signals.
Trade active:
Our team has made a profit of 5 points from shorting gold and continues to wait for 2166TP
Trade active:
Gold intraday reference: Investors are waiting for US PCE data, the wait-and-see sentiment is gradually getting stronger, and gold has been range-bound. In terms of operation, it is recommended to treat it with a shock idea. The upper pressure will focus on $2,188, followed by $2,200, and the lower support will focus on $2,172, followed by $2,157.
Trade active:
It has broken through 95 and hopes to reach 2200 when the market closes.