I have been emphasizing that gold is in a bearish trend recently
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I have been emphasizing that gold is in a bearish trend recently. Gold tested the support of 2830 as expected, and I made a lot of profit in all short trades. However, after gold touches 2930, you cannot directly chase short gold. According to the structure of gold, there is a certain degree of technical support near 2830, so gold may rebound to 2850 again after touching this level; and once gold fails to break through the 2850-2860 area as expected during the rebound, gold will fall again.
Then gold will easily pierce the 2830 mark during the second decline, and once gold effectively falls below 2830, gold will continue to fall and test the 2820-2810 area, and may even go lower to the area near 2800.
At present, shorting gold near 2850 has made a lot of profits. I wonder if you have followed the trading signals of shorting gold? Then the short-term will still focus on the resistance area of 2850-2860 above, and the break of 2830 below.
Take continuous profit and risk control as the only goal of trading, with a monthly profit target of $100K. Join the Telegram group to start the journey of making money: t.me/+3h6XG5qtjRQyNjNk
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Take continuous profit and risk control as the only goal of trading, with a monthly profit target of $100K. Join the Telegram group to start the journey of making money: t.me/+3h6XG5qtjRQyNjNk
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.