Be brave and go long on gold
Updated
Bros, as mentioned in my last article, I advocate going long gold when it comes to short-term trading.
Although gold fell again after touching 2631, even though the initial jobless claims data was bearish for gold, gold only retreated to 2621 and did not continue to fall. Therefore, gold has shown strong resistance to falling, which will attract more buying funds to support gold's upward movement. And I also said in the last article that gold broke through the highest point of the previous trading day during the upward process, showing the effectiveness of the upward breakthrough to a certain extent, so gold is likely to continue to rise and test the 2640-2650 area.
Friends who have already followed me already know that I bought gold near 2625 and 2622 respectively, and now I just need to wait for gold to take off. Brothers, are you long gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Although gold fell again after touching 2631, even though the initial jobless claims data was bearish for gold, gold only retreated to 2621 and did not continue to fall. Therefore, gold has shown strong resistance to falling, which will attract more buying funds to support gold's upward movement. And I also said in the last article that gold broke through the highest point of the previous trading day during the upward process, showing the effectiveness of the upward breakthrough to a certain extent, so gold is likely to continue to rise and test the 2640-2650 area.
Friends who have already followed me already know that I bought gold near 2625 and 2622 respectively, and now I just need to wait for gold to take off. Brothers, are you long gold like me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Trade active
Bros, gold rose as expected and touched around 2639. It is already approaching the 2640-2650 area. It is a perfect long position. If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!Trade closed manually
Gold once rose to around 2639. Although we did not close the position at the highest point, as I said, gold still faces resistance in the 2640-2645 area. I am not greedy for the last bit of profit space. At present, gold has fallen back as expected after hitting 2639. It has now fallen back to around 2630. We closed the order near 2636. Although we made $3 less profit margin, we still captured most of the profit margin. Then next, I may look for opportunities to go long on gold again.
If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
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