The weekend news cycle has once again ignited tension in the market, leading to gold prices hitting a historic high of $2732 at Monday's open, followed by a sustained increase of approximately 10 basis points. This trend aligns with my forecasts, and I anticipate that both the London and New York markets will continue to rise in the coming days.
Looking ahead, gold prices are expected to reach new dimensions this week. In terms of trading strategy, I recommend employing a buy-low, sell-high approach, with particular attention to the critical levels of 2725 and 2712. Members utilizing rapid trading strategies should remain vigilant, as new strategies will soon be announced.
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The current transaction is in the profit stage. If it meets your expectations. You can choose to close it. But I will continue to hold the buy order.
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The London market maintains a high sell of 2732. The low of 2722 is attached to the buy. The time for a continued sharp rise is in the New York market. So. Everyone needs to be vigilant when trading. A new fast trading strategy is about to be released. Friends who want to refer to market analysis and interpretation can keep paying attention.
Note
Although the profit is not much, it is also good to accumulate slowly. Fast trading strategy. Buy high and sell low according to precise instructions.
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Became a member of the fast trading strategy group last week. This week has achieved maximum profit. But this is only the first day of this week.
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Gold prices have reached expectations and are in line with expectations. Gold prices can continue to rise as they did last week. We are waiting for the New York market to open.
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Finally, it reached the position of 2740. But the pressure from above is still huge. After all, the overall gold price fluctuated by about 20 points today. At present, the release of information that affects the rise or fall of gold will have a huge impact on the gold price. Therefore, members in the channel must remember the trading risks when trading.
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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.