U.S. jobless claims rose to their highest level since October 2021 that week, but the labor market may remain one of the healthiest segments of the U.S. economy
We can find that the two positions of 1940 and 1970 are exactly the weekly MA5-day moving average and MA20 moving average position, just as gold is maintaining this range adjustment.
Well, we can still be short around 1970, even if the current low is 1940, we have a profit of almost $30
And you're long now, above the 1975 resistance, above the 1985 resistance. Not only is there no profit, but there is a risk of loss at any time, so for now I still recommend short around 1970, the first target is around 1950, followed by around 1940.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Trade active
Trading requires a good mindsetTrade active
The upper 1970 resistance is very strongTrade active
As I analyzed, now gold is falling and we are making a good profitTrade active
Gold short has already made a very good profit
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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.
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.