CFDs on Gold (US$ / OZ)
Short
Updated

Gold profit taking continues

315
The gold market opened at 3337.5 yesterday due to the profit-taking of the previous day. After the market fell back to 3315.6, the market rose strongly to fill the gap. The daily line reached a high of 3386.7 and then fell strongly. The daily line reached a low of 3259.6 and then the market consolidated at the end of the day. The daily line finally closed at 3287.9 ​​and the market closed with a long upper shadow line. After this pattern ended, today's market continued to be empty. In terms of points, the short positions at 3496, 3468 and 3442 the day before were reduced and the stop loss was followed up at 3400.

SELL:3340 45 50 Stop loss: 55

TP1:3330
TP2:3320
TP3:3300
Trade active
Intraday data reference:

Initial jobless claims in the U.S. for the week ending April 19 (10,000 people)
Trade closed: target reached
Reached the second target position

According to my entry strategy, the profit is 15 points

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