GC1! I do not understand some traders that trade Gold and they do not use volume profile and order flow in there strategy. My short trade was pure perfection! Took the short once price tap the area 2nd time it rejected from and than aims for the Low Volume Node which is now acting as a support level! XAUUSD
Until significant news emerges to drive gold prices higher, maintaining a short position aligns with the prevailing market trend. Shorting at elevated levels remains a prudent strategy, as any upward movement in gold prices will require specific catalysts. As noted in the discussion, traders should exercise caution and avoid blindly chasing price increases. For those who enjoy trading gold, it’s essential to remain disciplined and informed. XAUUSDGOLDGC1!MGC1!
XAUUSD After a sharp drop, there is some profit. After closing the short order, you can wait and see for a while. Observe whether the market is in a stable trading stage. If so, we will use the fast trading strategy to make the next accurate transaction. MGC1!GC1!GOLDXAUUSD