Today, there is a high probability that the volatile bullish trend will continue. In terms of operation, we should seize the opportunity of short-term bullish. The key support level of the daily line is around 3350-3355. If it falls back to this level, you can arrange short-term bullish with a light position. If the market is strong and there is no obvious correction, you can enter the long position in advance at the 3370 line. Pay attention to the upper resistance level of 3400-3405. Once it breaks through effectively, wait for the opportunity to arrange short positions after the surge. In the volatile market, both long and short positions have opportunities. Don't chase the rise and sell the fall. Be sure to wait patiently for the right time to enter the market and strictly control the position.
Gold operation suggestions: short gold rebounds around 3400-3405. Go long gold when it falls back to around 3350-3360. Go long at 3370 first if it is strong and does not pull back.
Gold operation suggestions: short gold rebounds around 3400-3405. Go long gold when it falls back to around 3350-3360. Go long at 3370 first if it is strong and does not pull back.
Trade active
Long orders near 3370 were closed at a profit, and the short-term target was successfully realized, and the profit was safe. Then the market fell back to the 3350 area and long orders were arranged again. Although it once dropped to around 3340, it rebounded quickly. At present, the price has returned to the 3350 line, and the overall support is still resilient.The current market is still running in a shock-strong structure, and the key support has been effectively verified. Long orders at low levels continue to be held, and the original strategy remains unchanged. Trading focuses on execution, and rhythm control is more important than prediction.
Patiently waiting for the market to further develop and winning in stability is the core of the current stage.
Trade closed: target reached
If you can hold on, you will stand out; if you can’t, you will be eliminated. The market never lacks opportunities, but those who are not firm in their stance will always be eliminated. Congratulations to those friends who insist on implementing the trading plan. The market will develop according to the rhythm and you will reap steady rewards.With the recent ups and downs in the market, and frequent switching between long and short positions, many investment friends are caught off guard or don’t know where to start. The price drops as soon as they buy in and rises as soon as they exit. They suffer continuous losses back and forth. In fact, this is the situation that many novice friends will encounter. Here I would like to tell you that you need to have a precise control of the market and stick to your own trading logic. Of course, these are empty talk for some novice friends. After all, they have just entered the market and do not have a strict trading plan. Most of them chase rising and falling prices, which leads to serious losses. ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
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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.