Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space!
Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short!
The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short!
The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
Trade active
Since we have come to the market, we must have the courage to fight the market. Cowardice will only make us retreat further. Only by moving forward courageously can we get what we want. Trading is tortuous and not so smooth. I think many people have seen too much beauty outside, but they find why the risks are always so great? Because they don't see the reality clearly! We can't change the risks of the market, but we can control the risks. Since I entered this market, I have always maintained my original intention. Profits will come only when risks are well controlled, but as long as we can seriously grasp the opportunity and adhere to the correct trading logic, we can quickly turn losses into profits. Without a perfect system, once is a fluke, twice is also a fluke, and in the end, we will only face losses!Trade closed: target reached
As expected in the trading plan, gold hit a low of around 3319 during the decline, successfully triggering the long strategy, and has now successfully entered the profit-making stage. The overall market trend is highly consistent with our expectations, and the trend judgment is still clear. This round of operations once again verified the importance of "planning, execution, and risk control". At present, we will continue to pay close attention to the market rhythm, strictly control risks while following the market, and ensure that the transaction is under control. For conservative traders, it is recommended to gradually reduce positions and stop profits, and safely pocket part of the profits to lock in the results of this stage. Only by adhering to planned trading and controlling emotional fluctuations can you be invincible in the market.The overall strategic ideas have all been accurately fulfilled recently, the market conditions are highly consistent with the forecast, and execution is profit. Congratulations to all brothers, strictly follow the trading plan, and at the same time reap ideal profits. If you can persist, you will stand out, and if you can't persist, you will be eliminated. The market is never short of opportunities, but those who are not firm will always be eliminated. As long as you persist, without complicated operations, your weekly income can reach more than 100-400%.
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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.
Related publications
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.