Gold Spot / U.S. Dollar
Short
Updated

Gold is short at a high level

608
snapshot

After gold opened up, there was not much movement yesterday, it is likely that it is only in shock and repair, the situation in the short term is also relatively balanced, and there is no trend of breakthrough, above and below there is hope of a breakthrough, and yesterday gold fell to around 1954 after the rebound, basically still maintain a small range of shocks above 55, then the later breakthrough momentum also directly affects the trend of gold, if it continues to be in a flat pattern, subject to the upper resistance level suppression, It is likely to be a pressure pattern, and the support below continues to maintain at the 50 line, this position is also one of the important support positions in the later stage, and the upper high will also be maintained at the intraday high 66 line, then we can still wait around this position for shorting, and the current short-term moving average has a support effect, but it is not obvious, the 10-day line position is basically synchronized with yesterday's low, then gold we are still short before 64-65, the target is around 1950

Personal Trading Strategy:

gold:sell@1965-1968 tp1955-1950

gold:buy@1950-1947 tp1960-1965

Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Trade active
Sideways oscillation
Trade active
Gold is short and profitable
Trade active
Friends who trade short-term, after getting profits, you can consider reducing your position
Trade active
tp
Trade active
Today's trading signals once again brought very big profits to friends

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.