Data is approaching: Plan short-selling strategies in advance
Updated
Market Analysis: With the upcoming release of the “U.S. Initial Jobless Claims for the week ending October 26” and the “U.S. Core PCE Price Index Year-on-Year for September,” we anticipate significant market volatility in gold. My personal forecast leans towards a bearish impact on gold prices, especially given the positive indicators from various economic data released in October. Thus, the likelihood of tonight’s data being bearish for gold is high. We can proactively establish a short position ahead of the data release.
Pre-Data Release Gold Trading Strategy:
Entry Range: Short gold between 2780-2782
Take-Profit Target: 2772
Stop-Loss: 2790
Risk Management and Operational Advice: Post-data release, if profits are realized, it’s advisable to take immediate profits, as the market may reverse following the data announcement. I will also provide subsequent trading strategies after the data is released, so please stay tuned for updates to adapt your trading approach.
Pre-Data Release Gold Trading Strategy:
Entry Range: Short gold between 2780-2782
Take-Profit Target: 2772
Stop-Loss: 2790
Risk Management and Operational Advice: Post-data release, if profits are realized, it’s advisable to take immediate profits, as the market may reverse following the data announcement. I will also provide subsequent trading strategies after the data is released, so please stay tuned for updates to adapt your trading approach.
Trade active
Brothers, please pay attention to the changes in market pointsTrade active
Arriving at the short entry pointTrade active
There are 30 minutes left before the data is released. Brothers who have arranged short orders in advance, please pay attention to your positions!Trade active
The data is bearish for gold, everyone should set a take profit of 2772Trade closed: stop reached
Brothers, I have already achieved perfect profit. Congratulations to my brothers who followed me and gained a lot.
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
Telegram Channel Entry:t.me/Hobart1986
Only in this way can we ensure continuous profits!
Telegram Channel Entry:t.me/Hobart1986
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