Gold fell as expected in the Asian session, which was in line with our thinking and expectations. Our short position was shorted near 3237-38 and exited with profit, and then shorted near 3194 and exited with profit again, and we made good profits both times. There are many people who followed the trend and went long in today's market, or even chased the long position, and without exception, they were trapped and wailing. We have repeatedly emphasized that we should treat it with a sweeping approach, and different market rhythms should be responded to with different methods. Judging from the current market trend, the European session continues to weaken. The focus should be on the gains and losses of 3180 support. If it breaks through, it will continue to look at 3150 and 3120. In this case, the short-term will return to weakness. If it does not break, we will look at a wide sweeping range. The upper pressure will focus on 3200, 3215, and 3230. The rebound will be mainly high. The weekly line will be closed tonight, and volatility will intensify.
Trade active
Today, there are many people in the market who followed the trend and went long, or even chased the long position, and without exception, they were trapped and wailing. We have repeatedly emphasized that we should treat the market with a sweeping mindset, and different market rhythms should be dealt with in different ways.ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
Trade closed: target reached
On Friday, the market fell nearly 100 points from its high point. The fluctuation of 1-200 USD makes trading much more difficult for retail investors. It seems that there are many opportunities in a day, but in fact, the big market trends only appear in a few times. If you cannot keep up in time, you can only watch the price jump up and down. The most fearful thing is not that you can't keep up with the market, but that the price returns to the same point, but the principal is gradually reduced.ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
For every friend who proposes cooperation, I will do my best and use my professional strength to help you make profits. I have helped many members achieve stable profits. Directly click on the free witness telegram group:t.me/TP_Daniel1
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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.
For every friend who proposes cooperation, I will do my best and use my professional strength to help you make profits. I have helped many members achieve stable profits. Directly click on the free witness telegram group:t.me/TP_Daniel1
Related publications
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.