Gold is still bearish if it does not break 3038, look for opport

2 days ago

Last week, the US dollar index recorded its first weekly rise this month as Fed officials said they were not in a hurry to cut interest rates.
Affected by the strengthening of the US dollar and market profit-taking, gold once touched the $3,000 mark in the US market. Subsequently, due to the uncertainty of geopolitics and the US economy, gold rebounded.
At present, the resistance faced by gold is at 3030 and 3038. As long as these two suppression levels are not broken, the trend is still a bearish trend.
Now that the gold price has come to around 3030, we are not in a hurry to short, and we can wait for the subsequent development of gold to decide.
If the gold price encounters resistance at 3030, we can look for opportunities to short, and the second is 3038. If these two points are broken, then don't short, but look for support levels to go long.

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2 days ago

Trade active

At present, it seems that there is indeed strong resistance near 3030. The gold price has repeatedly tested here several times, but still failed to break through effectively. If it is still the case later, I think you can consider making a short position here.
If you want to be more prudent, you can also see whether gold will go to 3038 before considering it.

If you don’t know where to enter the market, you can come to my group to get accurate trading signals

yesterday

Note

Gold has fallen as expected after encountering resistance at 3030. We are making a profit from the 3030Sell position. Congratulations again to my friends who copied my trading

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yesterday

Trade closed: target reached

Gold encountered resistance near 3030 and fell back. The current price has reached 3008. Our short positions have been closed with profits. Congratulations to all the friends who followed the orders for making another wave of profits.

Since last week, we have been shorting gold for many times in a row. Now we have made profits for 5 consecutive times, with profits of more than 500%.

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