Gold Market Update and Strategy Insights
Updated
Today, gold prices rebounded sharply from the lows, driven by heightened safe-haven demand following news of North Korea’s potential involvement in the Ukraine conflict. Prices surged from 2622 to 2650, aligning with my recent emphasis on prioritizing long positions in gold. Those who followed this approach should have seen significant gains in their accounts!
Market Outlook and Strategy Suggestions
A technical pullback is likely in the near term, with 2640 identified as a key support level. If the price dips to this level, it is expected to trigger the next upward trend.
Trading Plan for Today:
Enter light short positions near 2650, targeting 2640;
Increase long positions around 2640, aiming to ride the next bullish wave;
Risk Management: Place stop-loss for shorts above 2660 and for longs below 2635.
Risk Advisory and VIP Support
While VIP users have reported strong profits this week, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If this applies to you, I am here to assist with tailored solutions.
For those considering joining VIP but hesitant, I am offering a free trial session to showcase my strategic approach. Reach out if interested!
Reminder: The gold market remains highly volatile. Always manage your positions wisely, avoid over-leveraging, and trade with discipline to secure sustainable profits.
Market Outlook and Strategy Suggestions
A technical pullback is likely in the near term, with 2640 identified as a key support level. If the price dips to this level, it is expected to trigger the next upward trend.
Trading Plan for Today:
Enter light short positions near 2650, targeting 2640;
Increase long positions around 2640, aiming to ride the next bullish wave;
Risk Management: Place stop-loss for shorts above 2660 and for longs below 2635.
Risk Advisory and VIP Support
While VIP users have reported strong profits this week, some traders may have experienced losses or trapped positions due to deviation from recommended strategies. If this applies to you, I am here to assist with tailored solutions.
For those considering joining VIP but hesitant, I am offering a free trial session to showcase my strategic approach. Reach out if interested!
Reminder: The gold market remains highly volatile. Always manage your positions wisely, avoid over-leveraging, and trade with discipline to secure sustainable profits.
Trade active
You can currently short gold with a light position, and after making a profit, you can reverse and go long! After going long, you can still expand your long position!Note
The brothers who were able to follow the short selling have already made a profit!
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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