Wait for gold to fall back and go long gold
Updated
The trading ideas I gave you today are still mainly about long gold at low levels, and I remind you that today we mainly focus on the short-term support position to do long gold. The first support position we focus on is the 1853-1851 area, followed by 1847-1845 area.We could consider going long gold around this support area.
https://www.tradingview.com/x/HKNAs9Hl/
At present, gold has fallen back to the lowest level near 1855, and has not touched the position I expected. Therefore, I have not yet had the opportunity to participate in long gold. However, while waiting for gold to fall back, I informed everyone that you can short gold near 1859. , and manually close the position near 1857. It’s also fun to reap small profits while you wait.
Judging from the current gold trend structure, gold is affected by the geopolitical situation. The current highest gold price has hit the 1865 resistance level that I reminded everyone two days ago. Relatively speaking, gold's short-term performance has been in line with my expectations. Therefore, at this stage, we need to pay attention to whether the situation continues to ferment and avoid risks. I personally expect there to be a two to three day rise, but in terms of trading, I will not blindly continue to be long gold near the 1865 position. I will wait patiently for gold prices to fall back before going long gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
https://www.tradingview.com/x/HKNAs9Hl/
At present, gold has fallen back to the lowest level near 1855, and has not touched the position I expected. Therefore, I have not yet had the opportunity to participate in long gold. However, while waiting for gold to fall back, I informed everyone that you can short gold near 1859. , and manually close the position near 1857. It’s also fun to reap small profits while you wait.
Judging from the current gold trend structure, gold is affected by the geopolitical situation. The current highest gold price has hit the 1865 resistance level that I reminded everyone two days ago. Relatively speaking, gold's short-term performance has been in line with my expectations. Therefore, at this stage, we need to pay attention to whether the situation continues to ferment and avoid risks. I personally expect there to be a two to three day rise, but in terms of trading, I will not blindly continue to be long gold near the 1865 position. I will wait patiently for gold prices to fall back before going long gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active
Gold has now fallen back to where I expected it to be. You can consider trying to go long on gold.Trade active
Gold rebounded again to near 1858. If you follow my trading ideas and go long gold near 1853, you have already made money.Note
Gold is currently rising to around 1860, and opportunities for short-term shorting of gold may appear later.Trade active
Gold is currently rising to around 1860, and opportunities for short-term shorting of gold may appear later.Trade active
Short gold near 1962Trade active
Everyone was just advised to short gold near 1862. Now you can choose to close the position manually near 1858.Note
Everyone was just advised to short gold near 1862. Now you can choose to close the position manually near 1858.
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