Net profit this week is $35K, profit target next week is $50-60k
Updated
Dear friends, overall this week's trading situation is not very good, but it is not terrible either. Because my expectations for NFP were too high, I failed in the transaction, resulting in a significant reduction in our profits this week, with a net profit of 35K this week. No matter what, we can only bring our experience and lessons to strive for better results in the next week's trading!
https://www.tradingview.com/x/pGhSrG5K/
At present, gold still maintains a strong upward trend and maintains a bullish tone. After the 2300 position stabilized, there were no technical reference indicators above, and there were no technical bottlenecks. Therefore, it is difficult to say that gold has peaked until the top identification line comes out. Technically, we can only assume that 2350 and 2400 are currently important resistance areas, and the retracement support below is in the 2305-2300 area.
From the current point of view, because the market's bullish sentiment and follow-up sentiment are high, they have combined to support the sharp rise of gold. Therefore, technically speaking, gold is technically overbought, and it seems that gold may need a certain degree of correction to repair the divergence indicator. However, according to the current strong trend of gold, gold is unlikely to fall sharply, so gold is most likely to digest it in a high-level shock manner.
Therefore, for short-term trading, both long and short sides have profit opportunities. As for the main trading rhythm, the bullish trend is mainly continued and long on dips. The specific operations still need to be adjusted according to market fluctuations. Regarding the overall trend of gold, I expect gold to follow the C pattern model.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
https://www.tradingview.com/x/pGhSrG5K/
At present, gold still maintains a strong upward trend and maintains a bullish tone. After the 2300 position stabilized, there were no technical reference indicators above, and there were no technical bottlenecks. Therefore, it is difficult to say that gold has peaked until the top identification line comes out. Technically, we can only assume that 2350 and 2400 are currently important resistance areas, and the retracement support below is in the 2305-2300 area.
From the current point of view, because the market's bullish sentiment and follow-up sentiment are high, they have combined to support the sharp rise of gold. Therefore, technically speaking, gold is technically overbought, and it seems that gold may need a certain degree of correction to repair the divergence indicator. However, according to the current strong trend of gold, gold is unlikely to fall sharply, so gold is most likely to digest it in a high-level shock manner.
Therefore, for short-term trading, both long and short sides have profit opportunities. As for the main trading rhythm, the bullish trend is mainly continued and long on dips. The specific operations still need to be adjusted according to market fluctuations. Regarding the overall trend of gold, I expect gold to follow the C pattern model.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Trade active
This week’s net profit is 35K, and next week’s profit target is 50k-60k. For short-term trading, both long and short sides have profit opportunities, and in terms of the main trading rhythm, the bullish trend continues and the main focus is on going long on dips.Trade active
For short-term trading, both long and short parties have profit opportunities, and in terms of the main trading rhythm, the bullish trend continues and the main focus is to go long on dips.Trade active
At present, gold still maintains a strong upward trend and maintains a bullish tone. After the 2300 position stabilized, there were no technical reference indicators above, and there were no technical bottlenecks. Therefore, it is difficult to say that gold has peaked until the top identification line comes out. Technically, we can only rely on 2350 and 2400 being the current important resistance areas, with the retracement support below being in the 2305-2300 area.Trade active
From the current point of view, because the market's bullish sentiment and follow-up sentiment are high, they have combined to support the sharp rise of gold. Therefore, technically speaking, gold is technically overbought, and it seems that gold may need a certain degree of correction to repair the divergence indicator. However, according to the current strong trend of gold, gold is unlikely to fall sharply, so gold is most likely to digest it in a high-level shock manner.Trade active
Gold fell back to the 2305-2300 target area as expected, and our short position made a huge profit
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