Gold's Wild Ride: Rebound Completed, Time to Short Again
Updated
https://www.tradingview.com/x/tE7FZRvz/
Crazy gold! The market has regained all of yesterday’s losses in today’s rally. This market is always full of surprises!
Now it's clear that the resistance at 2600 is very strong. Since it couldn't break through, it's time to switch back to short positions. What rose from here is likely to fall back down to the same level.
Sell, with a target profit (TP) at 2572.
Crazy gold! The market has regained all of yesterday’s losses in today’s rally. This market is always full of surprises!
Now it's clear that the resistance at 2600 is very strong. Since it couldn't break through, it's time to switch back to short positions. What rose from here is likely to fall back down to the same level.
Sell, with a target profit (TP) at 2572.
Trade active
Once again, we’ve perfectly captured profits. I will provide today's analysis later; are you willing to follow me? The investment market is constantly changing, and seizing every profit opportunity is crucial. By conducting thorough market analysis and utilizing technical indicators, we can better grasp trends and develop corresponding trading strategies. I look forward to sharing more insights with you to maximize our investment returns together.
Join my channel for precise trading signals and deepen your market analysis skills:
t.me/+89RdEzIJttc0Yzlk
t.me/+89RdEzIJttc0Yzlk
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.