When will gold reach its peak?
Gold continued to rise today. This is the power of the trend. The belief that it will fall after rising too much is just a subjective will, not market logic. There is no turning signal. All peaks are risky. Of course, the market is always relative. It is impossible to keep rising. We need to prevent the risk of large adjustments.
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches near 3050-3052 rebound, stop loss 8 points, target near 3030-3015, break to see 3000 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches near 3000-3002 callback, stop loss 8 points, target near 3020-3035, break to see 3050 line;
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches near 3050-3052 rebound, stop loss 8 points, target near 3030-3015, break to see 3000 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches near 3000-3002 callback, stop loss 8 points, target near 3020-3035, break to see 3050 line;
Trade active
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Focus on trading XAUUSD, USOIL, BTC
Free signal groups.
t.me/+4N5tZNAYUbg1NzM0
Free signal groups.
t.me/+4N5tZNAYUbg1NzM0
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.
Focus on trading XAUUSD, USOIL, BTC
Free signal groups.
t.me/+4N5tZNAYUbg1NzM0
Free signal groups.
t.me/+4N5tZNAYUbg1NzM0
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.