XAUUSDGOLDGC1! Idea: GOLD: Short, Target 3041-3036 After yesterday's rise, some gold indicators have formed a relatively obvious short position, so in today's trading, I personally recommend focusing on the short position. During the trading process, we need to pay attention to the support points of 3046/3037/3032, the high point of resistance of 3060, and the possible new high of 3067. From the overall situation, it is unlikely to break through 3067 today, but it is more likely to fall to around 3037.
The New York market is about to open. The time for a big rise is coming. The buying opportunity of the exclusive signal team has begun. Have you executed the buying transaction? If not, the profit margin of buying at 3045-3040 is very large.
XAUUSDGC1! Gold did not fall back to 3030, but continued its upward trend, and has now reached the previous high of 3056. I said in today's article analysis that today's volatility will be relatively large, so trading should be cautious. If we have the opportunity today, we will participate, and if we don't have the opportunity, we should not take the risk easily. I think 3030 is a good position, and I will continue to wait. Shorting the previous high position is also an option, but gold is currently performing so strongly, and with the current geopolitical situation in the Middle East heating up, it is hard to say that it will not set a new high next. Therefore, it is also a good choice to continue to wait and see If there is any new progress or trading opportunities, I will share it with you Idea: Gold has won 9 consecutive tim…
In the 30M chart, it is currently near resistance, focusing on the resistance of the 3037-3044 range. You can consider shorting around 3043, and the target is temporarily set around 3033.
Today there is initial jobless claims data, and I personally expect it to be bullish for gold, so I plan to hold long positions when the data is released.
XAUUSDGC1! The position we bought at 3015 was just closed at 3020. Today, the volatility during the US trading session was too small, so we will not wait. A small profit will be enough. We will plan a new signal tomorrow.
XAUUSDGC1! 3015 is indeed a good support level. Gold has been trading sideways here for a long time. If it cannot fall, it will most likely start to rise.
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