For this week, don't be blindly long, especially in the morning retracement. When the decline is large, don't rush to buy more. It is easy to have insufficient decline. After all, it has risen so much. Now, whether it is the rising space or the moving average, it is facing the first wave of correction. In this kind of fragmented rise, the most feared thing is the price correction. It is easy to be hundreds of dollars in three or five days. So, this should be noted. Don't be blindly long, and don't miss the opportunity to open a short position at the right time!
Shorting gold during the day, a small gain. After gold tested the 3000 mark again in the evening, it fell back and is currently hovering around 2995. It failed to test 3000 again in the short term. The short-term suppression is obvious. The second test fell back quickly. The gold price may fall further. The idea is to follow the trend and short short. Pay attention to the short position near 2995-3005, stop loss 3008, and take profit 2978/2967/2960.
Strive for weekly trading profit: $40000, are you interested in joining this goal? Free signals in Telegram:
t.me/+alDpuIRD9vU4MWQx
t.me/+alDpuIRD9vU4MWQx
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.
Strive for weekly trading profit: $40000, are you interested in joining this goal? Free signals in Telegram:
t.me/+alDpuIRD9vU4MWQx
t.me/+alDpuIRD9vU4MWQx
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.