In terms of short-term gold operation ideas, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper side is the 2916-2920 line of resistance, and the short-term focus on the lower side is the 2890-2895 line of support. It is necessary to control the position and stop loss, and set a stop loss strictly.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2916-2920, stop loss 6 points, target around 2900-2895, break to see 2890 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2890-2893, stop loss 6 points, target around 2900-2910, break to see 2915 line;
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2916-2920, stop loss 6 points, target around 2900-2895, break to see 2890 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2890-2893, stop loss 6 points, target around 2900-2910, break to see 2915 line;
Trade active
Today, the short-term trend of gold is mainly long. The short-term focus on the upper side is 2954-2956 resistance, and the short-term focus on the lower side is 2910-2908 support. Click the link to get accurate trading signals
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Disclaimer
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.