Gold Spot / U.S. Dollar
Short
Updated

Gold rises, breaks out, rebounds and goes short

268
Yesterday, the market continued to close strongly, and there was still no decent correction. In this situation, although the trend remains bullish, it is not suitable to blindly chase the highs.Today, we still wait patiently for the downward correction to appear. We expect a good big negative line on the daily line to start a short-term correction. After the correction is completed, the market can continue to follow the bullish trend on dips.Investment strategy: Gold short at 3050, stop loss at 3060, target at 3010
Trade active
Trading is not gambling. If you want to make money in this market, you must keep learning. If you don’t understand, you can click my link. I hope it will be helpful to you.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.