Brothers, short selling has indeed caused us some troubles in the past two days, but I am not worried, because we have set the number of gold transactions reasonably before, and we have sufficient funds to support us to get rid of the current difficulties. Although gold has broken through the 2980-2985 area due to the influence of PPI and unemployment data, it is difficult to break through the 3000 mark above in one fell swoop. Therefore, when gold touches the 2970-2980 area, we can appropriately increase our short positions in batches, and when gold falls back to the 2945-2935 area, we can choose to close the position.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
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Bros, I think gold will enter a retracement tomorrow. As for whether it will be as expected, we will wait and see.
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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.