Are you concerned about your short position?
Updated
Dear friends, gold is currently oscillating within a narrow range near the 2160 position. Judging from the current gold trend structure, although gold has not pulled back as expected, relatively speaking, gold is not very willing to go up.we can see from the graph that even though gold has not corrected much, it faces resistance near the 2165 position in the short term. So in my opinion, as long as gold does not break through the 2165 position, there is a high probability that gold will correct back downwards.
https://www.tradingview.com/x/F2dGwyDW/
So in terms of trading, I still hold short positions in gold in the 2156-2158 area and 2160-2162 area. Although I am still at a slight floating loss, I am not worried about it.because after gold’s upward momentum is gradually consumed, I think gold will pull back again and test the 2152-2150 area. This is why I still hold a short position on gold.
I wonder if everyone, like me, has shorted gold at a relatively high level? If you chose to short gold like me, then in what area did you short gold? In fact, I share detailed trading ideas and trading strategies every day, hoping to help all followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
https://www.tradingview.com/x/F2dGwyDW/
So in terms of trading, I still hold short positions in gold in the 2156-2158 area and 2160-2162 area. Although I am still at a slight floating loss, I am not worried about it.because after gold’s upward momentum is gradually consumed, I think gold will pull back again and test the 2152-2150 area. This is why I still hold a short position on gold.
I wonder if everyone, like me, has shorted gold at a relatively high level? If you chose to short gold like me, then in what area did you short gold? In fact, I share detailed trading ideas and trading strategies every day, hoping to help all followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Trade active
Are you currently holding a short position in gold? In what range were you short gold?Trade active
I think gold can still short gold above 2160, but the waiting process is lonely and long, but I believe we will wait until we can get satisfactory profitsTrade active
Gold has not yet made an upward breakthrough, so gold will continue to test support, so gold will inevitably pull back. So are you still worried about your short position?Trade active
When the current market falls into a narrow range, should you choose to go long gold or short gold?Trade active
Gold is stuck in a tight range, but I am bearish on gold. Are you bullish or bearish on gold?Trade active
If gold cannot even hold the 2160 position, then gold will definitely fall, which is definitely good news for short sellers.Trade active
Gold cannot even hold 2160 at present, so gold will continue to fluctuate and fall in the future. We can continue to hold our short positionTrade active
At present, gold has fallen back to the 2147 position, which has hit the TP perfectly. Congratulations on our consecutive victories, cheers!
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