📍Since the day before yesterday, I've been sincerely inviting everyone to watch the bear dance.Gold has decisively broken below the recent support zone at 3030-3026 and extended its decline to around 3021. Based on this price action, two key conclusions can be drawn:
1. 3057 is now confirmed as the current high.
2. Gold has successfully formed a head and shoulders pattern in the short term.
📍This indicates that bearish momentum remains strong and far from exhausted. Under the pressure of structural resistance, gold is likely to continue testing lower support levels around 3010-3000, with a possible extension toward 2995.
🔎Trade Idea:
Xauusd: Sell at 3035-3045
TP:3015-3005
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
1. 3057 is now confirmed as the current high.
2. Gold has successfully formed a head and shoulders pattern in the short term.
📍This indicates that bearish momentum remains strong and far from exhausted. Under the pressure of structural resistance, gold is likely to continue testing lower support levels around 3010-3000, with a possible extension toward 2995.
🔎Trade Idea:
Xauusd: Sell at 3035-3045
TP:3015-3005
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Trade active
📍In the rebound process after the decline, gold only reached 3038 at its highest, and did not even break through 3040. Therefore, the bullish attack was not strong, and the counterattack of the bearish energy would shake the confidence of the bulls. Therefore, gold will continue to fall, and may even accelerate to the 3015-3005 area. The trading ideas in the above article are still valid.🔎Trade Idea:
Xauusd: Sell at 3035-3045
TP:3015-3005
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Trade closed: target reached
📍Bros, once again our short position ended the trade by hitting TP. In recent days, I have been inviting everyone to watch the dance of the bears, and repeatedly emphasized that gold will definitely fall back to the 3015-3005 zone. Today, gold finally did as I expected, even exceeding expectations and touching around 3000. We have made a lot of money in short positions in recent days. Have you followed my trading rhythm?📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Simplify complex trading ideas and execution capabilities to maintain steady profits! Telegram group: t.me/+W1fIMsgP19dlZjBk
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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.
Simplify complex trading ideas and execution capabilities to maintain steady profits! Telegram group: t.me/+W1fIMsgP19dlZjBk
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.