Bros, our long trade has made a profit. Next, we need to pay attention to the trend of gold to determine how to proceed with our next trading rhythm.
Remember what I wrote in my last post, if gold breaks through yesterday's high of 3033, then gold will rise further, but gold only tested 3036 at its highest and then began to fall. And we can see that the SMA30 moving average is currently around 3016, and gold has not been able to break through the 3025-3035 area. Then gold will not break through at once, but may return to the consolidation range of 3000-3030 to continue to maintain the consolidation of low long and high short. Then we can consider shorting lightly in the 3025-3035 area, and the target below is 3010-3000.
Sell 3025-3035
TP 3010-3000
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