Gold will continue to fall in the short term. If you are long, be cautious. If you are short, remember to set a stop profit.
In New York time period, gold continued to fluctuate at a high level. It continued to fluctuate in the range of 2403-2410. There was almost no news on Monday. But the price of gold did fall from 2460 to 2360 and then bottomed out and rebounded above 2400.
Judging from the data last week, the pressure on the bears is very high. In addition, almost all the news this month has been landed last week. Combined with the current market, there is no major news for gold to further break through the highs. The only possibility is the momentum brought by the news of the war, but for the time being, this is unlikely to happen.
So in terms of operation, it is still mainly selling at high levels. The short-term target below is below 2390.
What is the secret to continuous profit in gold trading?
That is to follow my steps. Follow the guidance. Trade with accurate signals.
So far, members who follow the transaction have almost never failed. Investors with large funds make big profits. Investors with small funds make small profits. After all, it is still difficult to lose money in such a market. The amplitude is large enough. There are enough opportunities for operation. As long as you don’t trade blindly, it’s just a matter of how much money you make. Of course, if your current account is still in a state of continuous loss, remember to follow me. It is only a matter of time before you turn losses into profits.