The latest views on the gold market

Updated
https://www.tradingview.com/x/wQWtLGis/

For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.

Gold currently remains at the 1981 level. Trading ideas were mentioned in the previous article. If you followed my instructions and sold at the high level it would have been a nice profit.

I have no better trades for the time being because the prime position is now in contention between bulls and bears. There is not much room for trading. And in the next few hours. Federal Reserve officials will announce some decisions on interest rates. The impact on currencies is huge. The U.S. dollar is the primary currency. The second is gold and silver digital currencies that resist inflation. In fact, these news are not friendly to novices. Because the uncertainty is too high. So if you are a novice, I do not recommend you to trade gold before the data is released.

The last trade I made was selling at a high level. It’s also a good profit today. As a novice or a trader who doesn't know how to trade, you should learn to accumulate from the profits you get.

Of course, if there are good trading opportunities, I will share them in time. This depends on whether everyone can follow in time.


If you are a newbie, you will not be able to complete transactions independently yet. You can refer to my trading ideas. Hope it helps you.
Trade active
As I said just now, the market continues to compete for positions between long and short. Maintained the 1981-1983 shock. It is not difficult to see that the trading space is actually very small. In fact, there is no need to trade in such a small trading space.

For novice traders. This is not a good time to trade.
Chart PatternsFundamental AnalysisgoldlonggoldpredictiongoldpreisgoldtradingstrategygoldtrendTrend AnalysisXAUUSDxauusdlongxauusdshortxauusdupdates

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