Geopolitical factors have once again heightened market risk sentiment, driving gold to new highs. I must emphasize once again that such rapid price surges are clearly unstable. Once the market stabilizes, gold is likely to experience a sharp decline. Therefore, every upward move presents an opportunity to short and profit.
That said, I want to reiterate that short-selling gold should remain a short-term strategy for now, as the overall uptrend is still intact. Close short positions once sufficient profits are secured. When the uptrend ends, I will provide further guidance to help you capture significant profits.
Gold Trading Strategy for Today:
XAU/USD Sell @ 2870-2880
Take Profit (TP): 2860-2850
I will send accurate signals every day to obtain market profits. If you also need professional guidance, you can click the link below the article to get it.
Click the link to enter my Telegram channel. I have 15 years of trading experience to guide you in trading correctly and also provide account management services. t.me/LukeBaileyStrategy
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.
Click the link to enter my Telegram channel. I have 15 years of trading experience to guide you in trading correctly and also provide account management services. t.me/LukeBaileyStrategy
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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.