The operation still uses the 2370 position as the short-term long-short conversion point. The U.S. session is about to start, and I think a new decline is going to be too, because there is still news from the U.S. today. All can currently be sold at high prices. The target is about 2354-2358 or lower. Everyone sets it according to their own profit goals.
Accurate understanding and analysis of the market.
Trade active
Robust operations continue.
Trade active
The market did not reach prices of 2354-2358 through this decline. So we closed the order with a small profit.
Trade closed: target reached
Successfully achieve expected goals
Trade active
Next, we need to pay attention to whether the gold price has successfully stabilized above 2350. If so, we can increase our buying efforts.
Trade active
Buying near 2351 is a good choice. Bring a small stop loss, about $3. You can then choose a larger take profit target. It can be 2362
Trade active
Test support near 2351 with a trade like this. If there was any damage, it was minimal. Then we can wait until a lower position to buy. If it rebounds directly, we can have higher profits.
Trade active
In May, the U.S. economy experienced its fastest expansion in more than two years, and the price of gold fell by $15 in the short term and approached 2,350. After the data was released, the U.S. dollar index DXY continued to rise, with a short-term gain of nearly 30 points and is now at 104.92.
Members of the top trading circle have just been notified that they bought at a lower position and are currently continuing to make profits.
Trade closed: target reached
According to the plan, the target of 2362 has been reached, and the order can be closed first. Prevent gold prices from falling back and reducing profits.
Trade active
Perfectly in line with the expected trend. The market is simply doing what I say it will do. It’s hard not to make money. Ha ha.
Trade active
Just now, I led the top trading circle to conduct another low-level buying operation, using the influence of market news to conduct transactions.
Sometimes there are not many good trading opportunities in a day, and sometimes good trading opportunities appear continuously. Just let me know when you're ready. I will also add you to the rankings of Signal Notifications.
Trade active
The current position of 2350 needs to be seen to see if it will stabilize.
Trade active
After all, the market has dropped to below 2350, and the current gold price is at 2347.
Trade active
The crazy trading is temporarily suspended. There is still uncertainty about whether the market has stabilized.
Trade active
Gold prices continue to fall after 2350. The current price has reached 2335. Not much was done three hours ago to determine the market's support. Then when the price reaches a position near 2335, you can boldly buy.
Trade active
The position of 2332-2335 is suitable for increasing the buying quantity.
Trade active
okay
Trade active
Still a good profit
Trade closed: target reached
The target of 2341 has been reached.Friends who have made profits can close the order directly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.