Gold Spot / U.S. Dollar
Short
Updated

Be bold and short gold to reap profits

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Bros, gold continued to rebound to around 2922, but after touching 2922 several times, gold could not continue to make an effective breakthrough and showed signs of retracement. This proves that the upper pressure is strong. According to the current momentum of gold, it cannot easily break through the resistance of the 2925-2930 zone above.

Then gold must have the need to retrace and accumulate power, so my trading strategy in the above article is still valid. We have shorted gold in the 2915-2925 area according to the trading plan. Now we are patiently waiting for gold to fall deeper and expand our profits. It is expected that gold will retest the 2905-2895 zone again.

Bros, gold is now like a drunken old man, swaying from side to side as he walks. At any moment, he might stumble and fall along the way.

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
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After gold has failed to break through the upper resistance, the confidence of bulls will be hit to a certain extent. After consuming a certain amount of bullish momentum, gold will need to retreat again to accumulate momentum. Therefore, in the short term, gold will fall again and seek support in 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

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