Analysis of Gold on November 28th:
Overall, gold is still trading within the range of 2620 - 2660. During the Asian trading session, after dropping to 2620, gold quickly rebounded. Obviously, 2620 is a crucial support level for gold, yet the downward movement still requires some time.
Recent trading is more suitable for short-term operations. There are opportunities for both selling at highs and buying at lows. However, the apparently safer strategy is to short sell at higher levels. Today, the strategy I'm proposing remains to wait for gold to rise before going short.
Today's Gold Trading Signals:
XAUUSD Sell @ 2640 - 2650 - 2660
(It is necessary to control the position size reasonably. Traders with large amounts of capital can enter the market in advance between 2640 and 2650, which entails higher risks. Friends who pursue lower risks can wait to enter between 2650 and 2660. Trading requires sufficient patience.)
TP:2630 - 2620 - 2600
I will provide accurate trading strategies on a daily basis. VIP clients can have the safest trading signals customized according to their accounts to help them achieve profits.
The way to obtain the signals is at the bottom of this article.
Overall, gold is still trading within the range of 2620 - 2660. During the Asian trading session, after dropping to 2620, gold quickly rebounded. Obviously, 2620 is a crucial support level for gold, yet the downward movement still requires some time.
Recent trading is more suitable for short-term operations. There are opportunities for both selling at highs and buying at lows. However, the apparently safer strategy is to short sell at higher levels. Today, the strategy I'm proposing remains to wait for gold to rise before going short.
Today's Gold Trading Signals:
XAUUSD Sell @ 2640 - 2650 - 2660
(It is necessary to control the position size reasonably. Traders with large amounts of capital can enter the market in advance between 2640 and 2650, which entails higher risks. Friends who pursue lower risks can wait to enter between 2650 and 2660. Trading requires sufficient patience.)
TP:2630 - 2620 - 2600
I will provide accurate trading strategies on a daily basis. VIP clients can have the safest trading signals customized according to their accounts to help them achieve profits.
The way to obtain the signals is at the bottom of this article.
Trade active
Arrival zone can start executing today's strategy
Click the link to enter my Telegram channel. I have 15 years of trading experience to guide you in trading correctly and also provide account management services. t.me/LukeBaileyStrategy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Click the link to enter my Telegram channel. I have 15 years of trading experience to guide you in trading correctly and also provide account management services. t.me/LukeBaileyStrategy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.