Gold bulls are too crazy and there is no chance of a pullback. So when the market is too hot, you have to be careful. You need to be cautious when doing long positions at high levels, and beware of gold falling back after a surge and starting to make a sharp adjustment.So at this position I think shorting would be better
Note
Gold encounters resistance around 3029Note
I think there is still room for gold to fallNote
Waiting for gold to fall significantlyNote
However, for those who are not very technical, you need to set a good stop profit and stop lossTrade active
sl:3035 tp:3015Note
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Gold fell briefly, but gold bulls are still relatively strong, and gold’s current support is around 3015Trade closed: target reached
The market is changing rapidly. Since gold bulls continue to be strong, gold can wait for the correction and then go long.Note
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
Related publications
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.