Gold on the four-hour line fluctuates in a range. The focus of today's trading is to see whether gold can break through the first-line resistance of 2930. If gold fails to break through the resistance, gold still has room to fall. If gold breaks through the key resistance of 2930, it may test the historical high of 2945-2955. In the short-term operation of gold during the day, it is recommended to go short at high levels and follow up if the level is broken. Focus on the 2930 line at the top and target 2910-2900 at the bottom.
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.
Trade active
Bros, the short selling strategy is completely correct. I have already shorted gold at 30. If gold continues to rise, we will increase our short selling position.Trade closed: target reached
Gold prices are likely to return to the technical level of 2920-2910 in a short period of timeMany 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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Free trading signals are released every day, with a monthly return rate of nearly 400%. If you also want to copy trading signals, you can join the Telegram group: t.me/Allenview
Related publications
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.