Gold Spot / U.S. Dollar
Short
Updated

Shorting gold is the way to make money!

207
Brothers, after gold rebounded to around 2920, the rebound momentum gradually weakened, and the fluctuation range gradually narrowed. This shows that the upper resistance area of ​​2925-2935 is difficult to break through in a short time. Gold still has the need to retrace and gain momentum, and it is not difficult for gold to retreat to the 2905-2895 area.

So in terms of short-term trading, I insist on shorting gold in batches in the 2915-2925 area, and I expect gold to fall as expected, and the rich profits will also be taken.

Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Trade active
Although gold has not fallen effectively, it has not continued to break upward, and has continued to test downward many times. Therefore, gold is expected to fall again after consuming a certain amount of bullish momentum, and retreat to the 2905-2895 area.

Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals

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.