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CFDs on Gold (US$ / OZ)
Long

Gold breaks through all-time highs, can we go short?

By Donald-trading-star
Updated
Gold broke through a new all-time high today and did not form a double top pattern, so gold will not have a large decline at this time. I think gold will continue to rise along with the trend.

If you want to go long on gold, you can wait for gold to fall back and look for opportunities to go long. I will remind you in my article.
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Even if gold falls in the short term, the idea of ​​continuing to do long is to focus on the support near 2679 at the bottom and the resistance at 2700 and 2707 at the top.
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Gold is still fluctuating at a high level, patiently waiting for a chance to fall
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If you don’t know how to trade, or you often lose money, you can click the link below my article, and I will share my trading ideas for your reference for free every day.
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Gold's 5-minute chart fell slightly
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You can look for opportunities to go long at low levels
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Our gold short position is making a profit. After the short position is closed, we will go long back.
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After I published the article, gold experienced a short-term decline. I thought it was an opportunity to go long on gold.
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Do you think it’s time to go long at this point? you can express your views
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As I expected, gold fell back to around 2679
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The data is negative for gold, gold fell below 2679, and there is no support for the time being.
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Gold fluctuated strongly during the day and began to fall near 2688. It is expected that there will be room for a correction. Continue to pay attention to the support near 2663. You can only operate short and long on dips. Pay attention to the risks.
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Trading idea: Go long gold near 2663, sl: 2655, tp: 2383
goldpricegoldtradingstrategyHarmonic PatternsTechnical IndicatorsTrend AnalysisXAUUSDxauusd4hxauusdanalysisxauusdideaxauusdshortxauusdupdates
Donald-trading-star
🔵 Ten years of experience in gold and crude oil trading, with hundreds of times of profit


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