Gold Spot / U.S. Dollar
Updated

Gold is going sideways, how to trade it?

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Yesterday, the overall gold price went through a bottoming-out and rebounding route. The lowest price in the morning fell back to the low point of 2485 on Friday night and then rebounded. The highest price rebounded to 2505 during the US trading session and then fell back. After the short-term bottoming out in the previous two trading days, the daily line formed a double bottom pattern near 2485, and the short-term downward momentum weakened. After opening today, it has been running above 2500. Currently, 2500 is the key long-short watershed. It fell back after touching this point several times yesterday, and never went down after breaking through in the late trading. Today, the European session will first rely on 2500 to open more and look for rebounds, first looking at the 2510-12 line, and then the highest point of the rebound after the non-agricultural data fell on the same day, the 2518-20 line.
For the next operation, it is recommended that gold be long at 2500/2498, and look at 2510, 2520.
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2500 long gold, profit +110 points, click on my website and follow my trading
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Long and short two-way profits, profits are too easy for us professional traders, don’t rely on luck to make profits, if you want to make stable profits in the market, I am your best partner🤝
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8k capital, 33k profit in three weeks, you can click on my website to check, this is my real trading record, if you want to get a huge profit, you can contact me immediately
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8k capital, 33k profit in three weeks, you can click on my website to check, this is my real trading record, if you want to get a huge profit, you can contact me immediately
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There is no volatility in the market for the time being. Take a break. I will continue to share trading strategies on my channel. I think it will be helpful to you.
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There is no volatility in the market for the time being. Take a break. I will continue to share trading strategies on my channel. I think it will be helpful to you.
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Today, gold is still focusing on the pressure of the previous high of $2531. If it does not break, you can short and look for a retracement. The primary target is $2510. After breaking through, look at $2500-2493. If it breaks up unexpectedly in the evening, the bulls can extend to around $2540 and you can go short again. The retracement target remains unchanged.
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The US will announce the annual CPI rate in 40 minutes. Click on my website to get the trading strategy.
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The news analysis is accurate, shorting gold makes another profit of +110 points, click on my website so that you can enjoy profits every day
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Today, both long and short sides make profit, and the profit exceeds 200 points. Click on my website, and your profit in a week will exceed 100%.
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I have helped many members make huge profits in the market. You can click on my website to check it out. If you also want to make stable profits, you can contact me and I will help you.
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I have helped many members make huge profits in the market. You can click on my website to check it out. If you also want to make stable profits, you can contact me and I will help you.
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Trading is risky. If you don't have a plan for your trading, you can click on the website below, and we will help you trade with the most professional analysis
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Gold is still rising strongly, don't short it for now, look for better trading opportunities
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Gold bulls are rising higher and higher, without any pullback. It's Friday now, so there's no need to chase the rise. Slow rises are often followed by sharp declines, so don't chase the longs easily. Gold is a bit stagnant, short at 2579.
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So far, the profit for this week has reached 120%, and it is expected to reach 150% by the end of today. If you also want to make huge profits every week, click on my website, it will be helpful to you.
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Gold is still testing new highs, so in the short term, it is still mainly about falling back and doing long. Pay attention to the support in the 2575 area and the resistance in the 2590-2600 area.
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Gold is still testing new highs, so in the short term, it is still mainly about falling back and doing long. Pay attention to the support in the 2575 area and the resistance in the 2590-2600 area.

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