4.4 Key points of gold shock
The current market is at the end of the convergence triangle, and 3100 is the watershed between long and short.
Use the "breakthrough-retracement" strategy to increase your entry winning rate.
Prioritize protecting the principal, set a take-profit order at key positions such as 3120/3080, and lock in some profits.
3115 → short entry, stop loss 3125, target 3080.
3080 → long entry, stop loss 3070, target 3120.
Strict discipline and dynamic adjustment can balance the risk-return ratio.
The current market is at the end of the convergence triangle, and 3100 is the watershed between long and short.
Use the "breakthrough-retracement" strategy to increase your entry winning rate.
Prioritize protecting the principal, set a take-profit order at key positions such as 3120/3080, and lock in some profits.
3115 → short entry, stop loss 3125, target 3080.
3080 → long entry, stop loss 3070, target 3120.
Strict discipline and dynamic adjustment can balance the risk-return ratio.
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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.
🏆Join our free Telegram group 🏆 t.me/+CW0VWaiEB59hMmJh
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.