Gold prevents from rushing higher and falling back
Updated
No one can really ruin your life unless that person is authorized by you. It also means that your life is still up to you to decide. As long as you don’t want to, at most, you will be unkind and let the wrong person ruin you for a while, but it won’t ruin your life. Stop the loss in time. Remember not to be angry, anger will reduce your wisdom, and don't hate your enemies, because hatred will lose your judgment. If a person wants to succeed, he must be able to afford it, and the same is true for trading. To win, You must also be able to afford to lose. There are no general victors in this market. If an excellent trader does not experience several stop losses, how can he know how to stabilize his profits in the future? Stop losses are a good thing. Stop losses can teach us how to succeed in the future. Stop loss can teach us how to win. In the world of trading, stop loss is a common thing. Stop loss is not afraid. What is terrible is that the mentality is broken, the heart is lost, the head can be broken, the blood can flow, and the trading pattern cannot be lost!
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We can see that the top of the suppression position above the 4-hour trend line is at 1835, and the current 80.9% suppression position of the trend from 1804-1959 is also at 1835. So there must be resistance here in 1835 at present, and there is no doubt about this.
The gold bulls are now also more dangerous as they reach a higher position. Now chasing more is definitely suicidal. My suggestion is to wait for 1930-1935 to go short, target 1915-1910 and stop loss at 1940. The position to do long can only be to choose the safest position to do long in 1906-1908. Target 1925-1930. Stop loss 1898
Like all traders, Miracle loves trading very much. We welcome your different opinions in the comment area.
https://www.tradingview.com/x/Sa8jRBI0/
We can see that the top of the suppression position above the 4-hour trend line is at 1835, and the current 80.9% suppression position of the trend from 1804-1959 is also at 1835. So there must be resistance here in 1835 at present, and there is no doubt about this.
The gold bulls are now also more dangerous as they reach a higher position. Now chasing more is definitely suicidal. My suggestion is to wait for 1930-1935 to go short, target 1915-1910 and stop loss at 1940. The position to do long can only be to choose the safest position to do long in 1906-1908. Target 1925-1930. Stop loss 1898
Like all traders, Miracle loves trading very much. We welcome your different opinions in the comment area.
Trade active
If the market changes. I will update the latest trading direction at any time. Everyone can follow me. Thank you for your supportTrade active
Gold 1930-1935 short fell 1907 as scheduled. congratulations everyoneTrade active
Gold 1930-1935 was short and took profit in 1908. Make a lot of money on empty orders. At present, the gold is long in 1908, and it is profitable to reduce the position in 1918Trade active
Gold is now resisting in the 1924-1935 range. We continue to hold our 1908 long orders to make profits and lighten up our positions. I will let you know if there is a changeTrade active
Gold soared to 1926 as scheduled. Our 1908 long order can take profit.
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