Gold Spot / U.S. Dollar
Short
Updated

gold The plunge exceeded 100 points,The bearish trend is crazy!

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This week brings new trading opportunities, as well as new market opportunities. Nowadays, the market fluctuates greatly every day. Being a short-term trade means high frequency, fast in and fast out. As long as you do these well, you can make money in short-term trading. Don't be greedy for more. The most important thing in trading is stability. Going fast is not as good as going steadily. Do a good job in daily trading. If you can get two or three waves of profits, it will be enough for you. If you do not have the ability to flexibly respond to the market during trading, and are not good at adjusting your trading thinking and rhythm to the market rhythm in a timely manner, you can contact me and let us pursue more profits flexibly and stably in the volatile market!

The K-line of the Golden Week closed at a medium-sized Yin high with a long upper shadow. forming a top heavy-volume adjustment in the short term. The daily negative adjustment engulfed the previous rising space. In terms of form, there is still room for adjustment this week, which can be continued to 2972 and 2956, while the top touches 3168 to explore the high and fall back pattern. , there is a high probability of forming a short-term high, but whether the trend will change needs to be further observed. Beware of weekly negative singles without consecutive negatives. The short-term pressure remains at 3058 and 3076. It will bottom out at the opening and rebound. First look at the strength of the rebound. At the top, focus on the pressure of 3055 first, and then look at 3076 if it breaks. Do not blindly chase shorts. Don't blindly chase the short position.

Operation suggestion: Gold is short near 3070-75, stop loss at 3080, and look at 3055 and 3020; if it is weak, pay attention to the 3055 pressure to short!
Trade closed: target reached
On Monday, the strategy suggested going long at 3025-3020, hitting the target again! Intraday: 1. Arranged to go long near 2982 and smoothly rose to 3000 to stop profit and exit. Although it failed to get the highest point, it also had a good profit, a good start!
2. The current key support is in the 3020-3025 area, and arranged to go long again near 3021. Stop profit and exit near 3031.

Nowadays, the market fluctuates greatly every day. Short-term trading is high frequency, fast in and fast out. As long as you do these, short-term trading can make money. Don't be greedy. The most important thing in trading is stability. It is better to go steady than fast. Do a good job in daily trading. It is enough to have two or three waves of profit. If you don't have the ability to respond to the market flexibly when trading, and are not good at adjusting your trading thinking and rhythm in time to adapt to the market rhythm, you can contact me, let us pursue more profits flexibly and steadily in the volatile market!

Remember that trading is not easy, but requires meticulous thinking and rigorous operation. If you want to get out of the quagmire of losses as soon as possible and get on the track of steady gains, it’s very simple, just find me and follow my guidance!

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