Gold just fell to 2958, but quickly rebounded to above 2965. The short-term support of 2965-2960 was not effectively broken. Gold quickly recovered above the short-term support, proving that bulls still have room to fight back. I expect gold to at least rebound and test the 3000 position again, so in short-term trading, we should not be too bearish on gold.
I actually reminded everyone in the last article update that we can buy gold when gold falls. In this extremely fierce market, with a cautious trading mentality, I actually do not expect too much about the rebound space of the bulls. Once gold touches around 3000, I will leave the market safely and lock in profits!
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
I actually reminded everyone in the last article update that we can buy gold when gold falls. In this extremely fierce market, with a cautious trading mentality, I actually do not expect too much about the rebound space of the bulls. Once gold touches around 3000, I will leave the market safely and lock in profits!
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Trade active
Gold continued to rebound above 2974. Gold still has room to rebound. Our long positions have begun to make good profits. Let us look forward to gold continuing to rebound and bring us more profits.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Trade closed: target reached
Gold continued to rebound above 2990, our long positions have made a lot of profit, and have almost reached my expected target position. In order to lock in profits in time, friends who still hold long positions can close their positions manually. From 2968 to 2992, we have gained 240pips of profit, which is very good!The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
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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.