Gold’s 13th consecutive victory, continue to short gold
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this.
At present, gold maintains a volatile and weak situation. In the short term, I still maintain the view of being weak on gold, and gold is likely to fall into a continued retracement, and the target below is the 2320-2310 area. But if the short position is established, gold will also rebound to a certain extent after the breakthrough, and the technical level below will also give the bulls some support. Then gold will give us the opportunity to short gold again after it rebounds.
Therefore, in terms of trading, we can now first consider shorting gold in the 2355-2360 area, with the target looking at the 2340-2338 area. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
At present, gold maintains a volatile and weak situation. In the short term, I still maintain the view of being weak on gold, and gold is likely to fall into a continued retracement, and the target below is the 2320-2310 area. But if the short position is established, gold will also rebound to a certain extent after the breakthrough, and the technical level below will also give the bulls some support. Then gold will give us the opportunity to short gold again after it rebounds.
Therefore, in terms of trading, we can now first consider shorting gold in the 2355-2360 area, with the target looking at the 2340-2338 area. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Trade active:
Continue to add positions to short gold in the 2358-2360 area
Trade active:
Gold's short-term unexpected rebound hit SL, and I will look for opportunities to participate in market transactions again later.
Trade active:
I never think hitting SL is shameful and terrible. On the contrary, we must face and admit losses calmly during the trading process. Only we have the courage to face them and do not avoid losses.Only in this way can we maintain a good trading state during the transaction, and it will not affect our subsequent judgment of the market!
Trade active:
The renewed tension in the Middle East has stirred up the gold market and stimulated the influx of safe-haven assets into the gold market, supporting gold's rise.
Trade active:
Because the development of the situation in the Middle East cannot be accurately predicted for the time being, if, like it did at the weekend, Israel made statements that it was not prepared to expand the conflict,then market risk aversion will cool down, and market speculators will cash in profits or even sell.safe-haven assets no longer pour into the gold market in large numbers;then gold will continue to adjust in the short term. However, once the conflict in the Middle East shows signs of expansion and escalation, safe-haven assets will boost the rise of gold. So as far as the gold market is concerned, the current situation in the Middle East is an uncertainty factor.
