Gold fluctuates at a high level on 10.16, waiting for a pullback
Gold has fluctuated at a high level in the past two days, and there are many resistances above. Don't chase long at high levels for the time being. However, the recent risk aversion sentiment has continued to support the rise of gold. Gold should wait patiently for a decline to go long. Pay attention to the resistance above 2680.
The 1-hour chart of gold is now fluctuating at a high level. Gold fell to 2638 yesterday to bottom out and rebounded. In the morning, it was long on dips above 2638, and it can continue to go long when it falls back to around 2640; gold is not rising directly unilaterally now. If you go long, you must wait patiently for a decline. Don't chase long easily at high levels, otherwise you will be at a loss again after a pullback. Continue to pay attention to the historical high of 2685 resistance above. You can go short in the short term. At this strength, gold does not have the momentum to set a new high in one fell swoop.
Gold longs and shorts are in a state of anxiety again; gold does not break highs, don't chase long easily, wait patiently for a decline opportunity, and follow up if it breaks through a new high directly.
Operation idea:
SELL: 2678 Stop loss: 2685 Target 2655--50
BUY: 2640, stop loss 2630, target 2660-2670;
The 1-hour chart of gold is now fluctuating at a high level. Gold fell to 2638 yesterday to bottom out and rebounded. In the morning, it was long on dips above 2638, and it can continue to go long when it falls back to around 2640; gold is not rising directly unilaterally now. If you go long, you must wait patiently for a decline. Don't chase long easily at high levels, otherwise you will be at a loss again after a pullback. Continue to pay attention to the historical high of 2685 resistance above. You can go short in the short term. At this strength, gold does not have the momentum to set a new high in one fell swoop.
Gold longs and shorts are in a state of anxiety again; gold does not break highs, don't chase long easily, wait patiently for a decline opportunity, and follow up if it breaks through a new high directly.
Operation idea:
SELL: 2678 Stop loss: 2685 Target 2655--50
BUY: 2640, stop loss 2630, target 2660-2670;
Note
Your profit comes from other people's losses. That is to say, when someone makes a mistake, there will be profits in the market, but you can't calculate or predict how many people will make mistakes next, how big the mistakes will be, and you can't guarantee that you are on the right side every time. So, in trading, the only thing you can do is to make the mistakes as short as possible when you make them. Join my team and I will guide you on the correct trading strategy.Note
Your profit comes from other people's losses. That is to say, when someone makes a mistake, there will be profits in the market, but you can't calculate or predict how many people will make mistakes next, how big the mistakes will be, and you can't guarantee that you are on the right side every time. So, in trading, the only thing you can do is to make the mistakes as short as possible when you make them. Join my team and I will guide you on the correct trading strategy.Note
Enter the market at position 80, target 60
Note
Brothers and sisters, this is the strength of my team. At 15, I emphasized that everyone should enter the market and look at 30. The final prediction is exactly the same as the view. Perfect profit of 18K. Perfect day. The total profit of two orders this week has reached 30K.
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