Bros, according to the trading strategy shared in my last article, whether you are short gold in the 2915-2925 zone or long gold near 2900, I believe you have made very considerable profits in both long and short transactions. Currently, gold is trading around 2913, and volatility has narrowed, gold should still have room to continue falling. Gold fell from the interim high of 2956 to around 2832, a total drop of more than $120, but pulled back to around 2928 with two huge positive candlesticks within 2 days. The rebound was too fast and did not go through the stage of shock bottoming and rebound. So the too fast rebound is actually not conducive to the continued rise of gold; in addition, according to the current structure and symmetry of gold, gold still has the need to continue to fall back to the 2895-2885 area in a short period of time, as shown in the following figure:
So in short-term trading, we can still keep the rhythm of shorting gold!
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
So in short-term trading, we can still keep the rhythm of shorting gold!
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
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The U.S. dollar index has suffered such a huge decline in the short term, but gold has barely risen in the short term, which proves that gold has experienced stagflation to a certain extent. When the U.S. dollar index stops falling and rebounds, gold will continue to fall.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
There are already 1000+ traders making huge profits in the group, and the strategy verification rate is over 90%, so novices can easily make profits! Telegram group: t.me/Marvin_9240
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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.
There are already 1000+ traders making huge profits in the group, and the strategy verification rate is over 90%, so novices can easily make profits! Telegram group: t.me/Marvin_9240
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.