As I emphasized over the weekend, there would be a trend of first falling then rising in gold this week. Therefore, after taking profit from a short position, I promptly went long on gold at 1980. Today, it experienced a breakthrough surge, and I personally expect the uptrend to continue. However, a technical correction may occur after the uptrend ends.
For those whose short positions are stuck, I currently suggest a lock-in operation to maintain profits and losses, close long orders after the uptrend ends, hold short orders, and wait for the market to rebound. For specific strategies, you can directly contact me.
For those who are currently not in a position, do not rush to go long or short. Currently, gold is not suitable for trading without pre-planning. It is recommended to wait for the market to stabilize before entering the market. I will provide specific strategies to lead everyone to grasp the later market. Friends who missed out before, do not worry, there are still many opportunities to make money!
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.
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.