In the current gold market, the downward trend is more obvious. However, it is noteworthy that gold has tested the key point of 3000 many times, and each time it breaks through, it is unstable. This fully shows that the defense above the 2995-2990 support area is extremely strong and difficult to be effectively broken in the short term.
Combined with the downward momentum observed in the 3000 point range, although it is in a downward trend, the possibility of a sharp decline is extremely small. Judging from the comprehensive judgment of technical analysis and market sentiment, gold will not only not continue to fall, but will most likely rebound. It is initially estimated that the rebound target will reach the area around 3015, and it is very likely to extend further to the area around 3025-3035. Let us look forward to the performance of gold together!
The content I shared recently about the gold market has received a lot of feedback, and everyone said it was very helpful!If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
Combined with the downward momentum observed in the 3000 point range, although it is in a downward trend, the possibility of a sharp decline is extremely small. Judging from the comprehensive judgment of technical analysis and market sentiment, gold will not only not continue to fall, but will most likely rebound. It is initially estimated that the rebound target will reach the area around 3015, and it is very likely to extend further to the area around 3025-3035. Let us look forward to the performance of gold together!
The content I shared recently about the gold market has received a lot of feedback, and everyone said it was very helpful!If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
Trade active
Gold has two orders on Monday, one of which is perfectly grasped, and the other is rising as we expected. On Monday, we gave the upper 3030-35 line suppression. If the rebound does not break, you can short it. During the period, gold rebounded to the highest 3033 line and stepped back, and the lowest stepped back to the 3002 line. On Monday, it still did not break through the range of 3000-3035 given by us at the weekend. On Monday, we shorted at the 3032 line, successfully touched 3020 and manually closed the position and made a profit, locking in profits in time. For the other order, we bought gold in batches in the 3008-3005 area. At present, gold fluctuated narrowly in the 3014-3005 area, and came to around 3010 at the end of the closing. Gold is just as our trading strategy is being executed. You can hold positions overnight and take a break. I will keep an eye on the market and inform you of any new trading plans in a timely manner.Trading is a process of trial and error! When mistakes keep happening, the main problems you face are shrinking funds and psychological torment! A trader must reduce the probability of making mistakes, because your profit comes from the losses of others. In other words, when someone makes a mistake, there will be profits in the market for people to make, but you can't calculate or predict how many people will make mistakes next, how big a mistake they will make, and you can't guarantee that you are on the right side every time. So, in trading, the only thing you can do is to make the mistake as short as possible when you make a mistake. The rest is to wait for others to make mistakes, and encourage each other! If you don't know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
Trade closed: target reached
Hello everyone, last night, the position was held overnight in the area around 3008-3005, and the price rose smoothly. The profit was harvested near 3020 and hit perfectly again. The public strategy was cashed in again. Congratulations to everyone for making profits again and locking in profits. The information I shared recently about the gold market has received a lot of feedback, and everyone said it was very helpful! Subsequent operation strategies and plans will be updated later according to market conditions. If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
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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.