Gold has a 9-game winning streak, continue to short gold!
Updated
Dear friends, gold is currently trapped in a volatile market.I think the volatile market situation is a very good opportunity for us to make money.
Judging from the current trend, gold has stopped falling above 2170 after falling back from 2200, so gold still has a certain amount of bullish momentum. As the bottom of the short-term candle chart gradually moves upward, gold may even hit the 2195 area again. However, the suppression from above is also very obvious. Gold touched the 2200 position many times and then fell back and closed the long upper shadow line. Therefore, gold will also face strong resistance in the 2195-2200 area during its rise.
https://www.tradingview.com/x/J1dWKdHs/
Therefore, in terms of trading, we can go long gold around the 2170-2165 support area, with the target at 2193-2195; at the same time, when gold touches the 2195 target area, we can consider backhand shorting gold.
There are many options for trading now, so you can still make a lot of profits from it. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Judging from the current trend, gold has stopped falling above 2170 after falling back from 2200, so gold still has a certain amount of bullish momentum. As the bottom of the short-term candle chart gradually moves upward, gold may even hit the 2195 area again. However, the suppression from above is also very obvious. Gold touched the 2200 position many times and then fell back and closed the long upper shadow line. Therefore, gold will also face strong resistance in the 2195-2200 area during its rise.
https://www.tradingview.com/x/J1dWKdHs/
Therefore, in terms of trading, we can go long gold around the 2170-2165 support area, with the target at 2193-2195; at the same time, when gold touches the 2195 target area, we can consider backhand shorting gold.
There are many options for trading now, so you can still make a lot of profits from it. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
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