The short-term short positions in gold are now yielding profits!Currently, the market continues to maintain a range - bound oscillation pattern. In the short term, there are no conditions for a significant unilateral upward or downward movement. In terms of short - term trading, the price is currently trading at $3032. From the perspective of intraday trading strategies, this price level can be regarded as an entry point for short positions. Today, special attention should be paid to the $3020 level, which serves as the daily demarcation line between bulls and bears. If the price drops from a high level as expected, effectively breaks below the $3020 level and closes below this price, the short - side is expected to witness a sharp acceleration in the bottom - seeking trend.
Since the week began, considering global economic trends and gold market volatility, we've steadily shorted gold. All signals, from our in - depth analyses, have proven accurate. I'll keep giving accurate signals, factoring in market changes.
XAUUSD
sell@3030-3035
tp:3025-3015
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