Public strategy all correctSo far, everyone has made a profit by following the trading plan. We arranged short orders at 3032 and 3052 for gold, but the short-term trend was strong, so we all left the market at 3038! We collected another 80 points of profit! The operation idea is very clear.
News analysis: Why is 3026 so critical? Looking back at the rebound of gold prices in the past few days, it is not difficult to find that many previous rebounds have retreated near 3026. At the same time, this point is also the first time that gold prices have bottomed out and rebounded from 3056 before this round. After breaking through, it rebounded many times but failed to pass. This is a typical watershed between longs and shorts. In fact, yesterday's gold price had already meant to break upward, but the market tension was limited yesterday. The first wave of impact to 3038 this morning has already sounded the horn of the bulls' charge. Unfortunately, it was not sure whether 3026 could be held at that time. If the high position is near 3030, the defense should be placed below 3020, which is a little big. There is no reverse follow-up to keep up with the rhythm of this wave of rebound.
Technical analysis of gold: The current idea of the end of the trading day is very clear. We chose to take short positions below the previous historical high of 3055-57 for the second time. The short positions of 3050-52 have now retreated to around 3038. Since there has been a high-level decline, it shows that the bulls are not that strong. There has been no breakout in one go. The probability of breaking 3055 tonight is gradually decreasing. The end of the trading day will most likely remain in the 3030-50 range for consolidation, and the focus will be on tonight's closing point. If the high-level close is above 45, the gold price may set a new high tomorrow; if the closing line is below 35, it will maintain a high level of volatility tomorrow, Friday.
Operation strategy: If gold falls back to around 3030-35, you can take long positions. Gold can still be shorted around 3055-58
Trading discipline:
1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions. Operate according to our operation plan. The information in the market is complicated. Blindly following the trend can easily lead to the dilemma of chasing ups and downs.
2. All short-selling profit-taking areas 3050-3045 are closed.
3. In gold trading, we will continue to pay attention to news and technical changes. Once there is a change, we will inform you in time and strictly implement trading strategies and trading disciplines to move forward steadily in a volatile market and achieve steady appreciation of assets.
