Judging from the current gold trend, gold rose to a high of around 3368 and then entered a narrow range of fluctuations. Our previous long plan failed to continue to hold at the high level. Although some brothers may feel regretful, the market is always full of variables. We must flexibly adjust our thinking according to market changes. At present, there is a need for a retracement on the technical side. This retracement is not a trend reversal, but provides space for subsequent bullish momentum. Overall, the bullish trend is still dominant, but the current price is approaching the important pressure area of 3370-3385. The short-term carrying capacity has weakened, and it is not advisable to chase highs blindly. It is recommended to be cautious at high levels in operations. In the short term, it can be given priority to try to intervene with short positions in batches in the 3370-3385 area, waiting for a technical correction. If it subsequently retraces to the key support area of 3350-3335 and stabilizes, you can consider the long position layout again and continue to participate in the main bull trend.
Gold operation suggestion: short in batches in the 3370-3385 area, with the target at 3355-3350. If it falls back to the 3350-3335 area and stabilizes, consider entering a long position at the right time.
Gold operation suggestion: short in batches in the 3370-3385 area, with the target at 3355-3350. If it falls back to the 3350-3335 area and stabilizes, consider entering a long position at the right time.
Trade active
Once you enter the market, you must have the courage to fight it. Cowardice will only set us back further; only by moving forward courageously can we achieve what we desire. Trading is a tortuous journey, not a smooth one. I believe many people see the beauty of the outside world, only to find that the risks are always so high. It's because they don't see the reality clearly! We can't change market risks, but we can control them. Since entering this market, I have always remained true to my original intention. Only by controlling risks can we profit, but as long as we can seriously seize opportunities and adhere to the correct trading logic, we can quickly turn losses into profits. Without a sound system, one lucky break is a lucky break, and two lucky breaks are also lucky breaks, and ultimately, we will only face losses!Trade closed: target reached
Gold's trend, as planned, has steadily risen, hitting resistance near 3385. Technical resistance is evident, and the short-selling strategy has been precisely triggered, signaling a period of profit-taking. The overall performance is highly consistent with expectations, demonstrating a proactive and well-executed strategy, further validating the logic of robust trading. This is the foundation of our early investment strategy, and the reason we're already reaping profits while you're still hesitating. Opportunities wait for no one; with the right cadence, profitability is only a matter of time.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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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.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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.