When gold broke through the resistance levels of 2660 and 2680 in succession, the upward trend of gold was confirmed, so our short selling strategy failed. It turns out that although the strategy suffered losses, we still minimized the losses.
We can't make a profit in every transaction, but we need to adjust the strategy in time. I am different from other channels. I not only post profit screenshots, but also loss screenshots. I just follow the direction of the market to help everyone find the right trading direction. At present, the upward trend of gold has been confirmed, the upper resistance level is 2720, and the lower support level is 2680.
Today's gold trading strategy:
xauusd buy@2675-2680
TP:2695-2700
xauusd sell@2715-2720
TP:2700-2690
Execute the trading strategy when you reach this area. You need to wait patiently for good trading opportunities to minimize trading risks.
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