This trading strategy will be profitable by at least 10 points
Updated
Today's Asia-Europe market does not have good trading opportunities for gold trading, because the overall fluctuations are not large and the profit margin is small, but I believe that there will be very good trading opportunities in the US market. If you can grasp this trading opportunity well, you can grasp the profit of at least 10 points.
https://www.tradingview.com/x/6YVduwOQ/
At present, the short-term structure is formed into a wave structure, and the retracement on Friday did not fall below the top structure of the previous wave, indicating that this round of rebound is not over yet, so gold will probably continue to rebound upwards in the short term. Therefore, in terms of gold trading, I still insist on doing long gold at low positions. The lower part focuses on the 1910-1908 area support, followed by the 1902-1900 area support; the upper part focuses on the 1923-1925 resistance area first, and then the 1934-1936 resistance area.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
https://www.tradingview.com/x/6YVduwOQ/
At present, the short-term structure is formed into a wave structure, and the retracement on Friday did not fall below the top structure of the previous wave, indicating that this round of rebound is not over yet, so gold will probably continue to rebound upwards in the short term. Therefore, in terms of gold trading, I still insist on doing long gold at low positions. The lower part focuses on the 1910-1908 area support, followed by the 1902-1900 area support; the upper part focuses on the 1923-1925 resistance area first, and then the 1934-1936 resistance area.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
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