Profited $12K, short gold after rebound

Today we have made very good profits in both long and short gold transactions. First of all, we shorted gold today near the 2446 position. Gold successfully hit TP: 2430 during the short-term decline; after gold hit the 2407 position, it stopped falling and rebounded. We then went long gold near the 2410 position, and we manually closed the position above 2420 to make another profit. In today's transaction, I made a total profit of more than 12K , which is considered a good trading result!

So is gold expected to continue to hit 2450 or even higher? In fact, as far as the short-term market is concerned, gold has continued to fall, and the signs of short-term peaking are relatively obvious. It is unlikely that it will hit a new high again in the short term.Gold has fallen from its highs and a large number of profit-making orders have been realized. Gold may even fall further. Next, we will first focus on the 2405-2400 support area. If gold falls below this area, gold will truly establish a top trend and continue its decline.

Therefore, in terms of subsequent transactions, if the market does not stabilize, do not go long gold easily. We will mainly focus on shorting gold at high levels, focusing on the 2430-2435 area at the top; focusing on the gains and losses at the 2400 position below. Trading requires courage and even more decisiveness. Execution is the only criterion for profitability.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !

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Gold rebounded above 2428, I think the opportunity to short gold will come soon

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Gold rebounded to the 2430-2435 area as expected

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Gold rebounded to around 2437 and then fell back again

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Currently, it is a relatively good short-selling opportunity.

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Gold fell back from above 2337 again, proving that there is still strong resistance above. Gold may continue to retreat amid resistance

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Gold fell back to around 2430 in the short term, and our profits increased again

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Below 2430, you can choose to close the position manually to lock in profits in time. It is almost 10 o'clock in the evening. Because the market has been greatly affected by news recently, it is best not to hold positions overnight.

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Will be short gold after rebound