Gold Spot / U.S. Dollar
Short
Updated

Short gold! Target to earn 400 pips!!!

155
Bros, gold has failed to effectively break through the 2920 area after many attempts during the rebound, and has consumed too much bull momentum near the resistance area. The shorts will become relatively stronger; gold has just fallen below 2900 strongly during the decline, further indicating that gold will choose a downward direction, and the current gold rebound is more likely to reserve room for a decline in the NFP market tomorrow.

So in terms of short-term trading, I still insist on shorting gold. At the latest on Friday in the US market, I expect gold to usher in a wave of big declines, at least retreating to the 2880-2870 area again, or even near the 2860 area. Brothers, are you optimistic about the big decline in gold?

Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
Trade active
Brothers, gold has rebounded and touched around 2920 again, but gold has never been able to effectively break upward. Therefore, in terms of short-term trading, I still advocate shorting gold. Although gold has not actively responded to the decline at present, the rebound of gold just now is very likely to reserve space for tomorrow's decline. So let us be more patient and exchange time for space. As long as we have the quality of patience, we will be rewarded with more profits.

Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
Trade closed: target reached
Bros, it is 1:20am now. We shorted gold near 2907 and 2920, and set TP: 2902. Gold just fell sharply and broke through 2900 again, directly touching our TP. I specifically reminded everyone above that I advocate shorting gold in the short term. The rebound of gold is likely to reserve room for decline. As long as we are more patient, we can exchange time for space, and the only reward for us is profit.

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