Buy The Dip - Trading 101
Updated
After the hard crash of the stock markets (and cryptocurrency markets) we've seen gold suddenly take a big plunge. Obviously, you remember your trading lessons and you don't panic sell here. Instead, you buy the dip.
I marked a yellow area on this chart where I highlight the area I would still feel comfortable buying. If the price goes above $1940 a new uptrend might have started towards $2000 and I would say you missed the train.
Make sure to always have proper risk-reward for your trades. Don't buy too far in the middle between support and resistance.
I suggest a nice long trade here towards the ~$2000 region with a buy close to support around ~$1920. Good luck!
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
I marked a yellow area on this chart where I highlight the area I would still feel comfortable buying. If the price goes above $1940 a new uptrend might have started towards $2000 and I would say you missed the train.
Make sure to always have proper risk-reward for your trades. Don't buy too far in the middle between support and resistance.
I suggest a nice long trade here towards the ~$2000 region with a buy close to support around ~$1920. Good luck!
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Trade active
The price fell down very nicely deep into the buy zone. I hope some of you have had the opportunity to get a great entry on XAU/USD (Gold) here.The green candle that was just printed on the 1h shows confirmation on the support zone. We might be in for a great trade here! Good luck.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Disclaimer
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