Will gold fall again after rebounding?
Gold is suppressed by the double top structure in the 4-hour period. Gold rebounded to 2905 and then fell back directly. Gold rebounded to 2905 in the afternoon and continued to go short on highs. The gold short position has just begun and there is no fear of rebound. Gold is just rebounding. Gold will go short directly after the rebound to 2905. Gold will fall as expected and be harvested first. Gold is still just a rebound and will continue to go short on the rebound. On the whole, today's short-term operation of gold suggests that shorting will be the main focus on rebounds, and longs will be supplemented by callbacks. The upper short-term focus will be on the 2903-2905 first-line resistance, and the lower short-term focus will be on the 2864-2834 first-line support. Friends, you must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operations. The specific points are mainly based on real-time intraday.
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches near 2903-2905 when gold rebounds, stop loss 6 points, target near 2890-2875, break to see 2865 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches near 2864-2866 when gold pulls back, stop loss 6 points, target near 2875-2885, break to see 2895 line;
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches near 2903-2905 when gold rebounds, stop loss 6 points, target near 2890-2875, break to see 2865 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches near 2864-2866 when gold pulls back, stop loss 6 points, target near 2875-2885, break to see 2895 line;
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100% accurate trading signals
Free trading strategies
t.me/KevinTaylor999
Free trading strategies
t.me/KevinTaylor999
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.