Last Friday, gold fell by $100 under the pressure of NFP data. But to be honest, this $100 drop is not the first time; Friday's drop is also common! But this trend comes out, how to operate, how to locate, how to deal with, is very critical! I also know that many people bought gold last week, resulting in huge losses. But I have been selling. So judgment is the most important part of trading. If you need my help, you can like my trading ideas article. Recently, many people have bought and suffered relatively large losses. But it doesn't matter. As long as I help you, you can stand up again soon.
On the weekend and Monday, I emphasized Friday's trading and how to deal with Monday's follow-up. Friday chose to deal with the resistance point and chose to sell. We also won a great victory in the 2385-2338 selling order.
Today's trend analysis.
1:1 hour temporarily corrected the trend, double support near 2290, strong support position near the previous starting point support position of 2275-2280! BOLL range, the first pressure position is near 2315. Temporarily under pressure, forming a short-term decline; the support positions are near 2295 and near 2285.
2: In the 4-hour period, the stochastic indicator golden cross rebounded upward. The middle track of BOLL gradually moved down, and the pressure position of the downward pressure position 2315 and 2330/2335 here can be selected to sell at the pressure point. Choose to sell near 2315 and sell here at 2330-2335
3: In the daily K, the range of BOLL is still there for the time being, and it has not fallen below or broken through, and the trend is in a volatile trend! Therefore, there is no unilateral trend for the time being; the strength and weakness dividing points of the unilateral trend are the starting point position near 2275 below and the previous historical high position of 2420-2440 above
To sum up: In the short-term intraday, sell at 2315-2330-2335 above, and buy at the support near 2295-2285 before considering. If the support near 2285 continues to fall, the price will fall further.
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Today we started buying around 2300. Gold rose to 2320 as expected. Last Friday we started selling at 2385. The trading rhythm was perfect.
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Gold fell to 2306. Sell orders also made money
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There is some very important data and news today.
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Today we won again. We got a very high profit. If you want to get more trading signals and ideas from me every day, you can pay attention to the bottom area to find the profit you want.
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