CFDs on Gold (US$ / OZ)
Short
Updated

XAUUSD: 2942-2945 short. Expected to drop $10

50
I mentioned it earlier in the analysis circle. The news is almost calm. There is no dominant content, so we need to combine technical indicators including historical trends to look at the market trend. So as to speculate the market trend. Do a good job in every transaction.

From the 10-minute-30-minute trend chart, the ultra-short-term gold price will fall, and 2942-2945 needs to be focused on. From the 1-hour combined with the 4-hour trend, it is necessary to touch the upper pressure level before retracing to test the support below. The upper pressure level is at 2945-2950

So the stage trading is different, so the profit including the concerned points are different. If you are ultra-short-term trading, then remember to close the order in time at the 4-6P point to lock in the profit. If you are a short-term trader, you need to pay attention to the 8-15p space. If you are medium- and long-term. Then you need to pay attention to the stop profit of 20-50 points or even higher.

Every day, a lot of analysis content including some real-time trading opportunities and opinions will be published in the analysis circle. Friends who like it can remember to keep paying attention.
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The gold price has reached the target selling position. The current gold price is running at 2937. The profit quotient has reached a certain amount. If you feel that the entire profit has reached the expectation, you can close the order at any time.

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