Gold stabilized after touching the support of the 3193-3202 rising trend line. Although the US market rebounded, it did not form an effective breakthrough. In the short term, it is still dominated by shorts.
Short-term strategy:
Before 3200 is broken, you can go long on dips. If it falls below, stop the loss decisively, and use a small stop loss to game the potential bull reversal. Whether the 3250 pressure is broken or not determines the short-term direction
Short-term strategy:
Before 3200 is broken, you can go long on dips. If it falls below, stop the loss decisively, and use a small stop loss to game the potential bull reversal. Whether the 3250 pressure is broken or not determines the short-term direction
Note
Gold is long near 3220. If it stands at 3250, it may break through 3280/3300.Trade active
Gold is currently rebounding to around 3250. Have you made money from your long gold position?Note
If gold can hold steady at 3250, there will be room for further gains.Note
If you often lose money or make little profit in trading, you can check out my profile, I hope it will be helpful to you.Trade closed: target reached
At present, our long orders are still making a lot of money, and friends with poor technical skills can take profits in batches on highs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.