Get ready to short gold
Updated
Today, as the U.S. May sales monthly rate was bullish for gold, gold rose rapidly in the short term. Our long positions near 2317, 2310 and 2306 respectively hit TP2319 and took profits. Very beautiful trading results. In today's gold long trade, my profit totaled more than 25K. Very good trading results.
https://www.tradingview.com/x/QSD8lHks/
According to the current short-term structure, gold has returned to above the moving average and maintained a strong trend, and there is still some room for gold to rise. But overall, gold is still in a period of shock, so after gold rises, it will still fall again. Therefore, we still have to focus on shorting gold at the moment, but we must seize the opportunity to short gold.
Gold has risen strongly in the short term and has a certain continuation. According to the current short-term momentum, gold will continue to rise and try to touch the 2330-2335 area, or even near 2340, which is also a short-term resistance area. So in terms of short-term trading, I will short gold in batches in the 2330-2340 area. After the bullish momentum is consumed, gold will continue to fall!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
https://www.tradingview.com/x/QSD8lHks/
According to the current short-term structure, gold has returned to above the moving average and maintained a strong trend, and there is still some room for gold to rise. But overall, gold is still in a period of shock, so after gold rises, it will still fall again. Therefore, we still have to focus on shorting gold at the moment, but we must seize the opportunity to short gold.
Gold has risen strongly in the short term and has a certain continuation. According to the current short-term momentum, gold will continue to rise and try to touch the 2330-2335 area, or even near 2340, which is also a short-term resistance area. So in terms of short-term trading, I will short gold in batches in the 2330-2340 area. After the bullish momentum is consumed, gold will continue to fall!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Trade active
Currently, gold is fluctuating in a narrow range between 2336 and 2330. Wait patiently for gold to continue to rebound and reach the 2330-2340 area.Trade active
The highest price of gold has reached above 2331 as expected, and we can already start shorting gold.Trade active
Start shorting gold around 2332Trade active
Gold has now fallen back below 2330, and our short positions are starting to make a profitTrade active
The upward momentum of gold has gradually slowed down and is facing short-term resistance. We are patiently waiting for gold to fall back.Trade active
Gold will continue to fallTrade active
Continue to hold short positions near 2322 and wait for gold to fall back.Trade active
Do you think gold will fall back in the short term? I think it will continue to fall and our short positions will have a lot of room for improvement.Trade active
Gold is still fluctuating. The high level of gold rebound has not been directly broken. Gold is still fluctuating. Don't chase the high easily. The high level continues to fall.
Friends who have entered my group have made considerable profits by following trading signals! If you want to get detailed trading signals and trading logic, join my Telegram group: Make making money a pleasure t.me/+o1k2cWcaCJVmNzRk
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