Gold is about to plummet, double short gold!Brothers, gold accelerated to around 2985, but it could not cross 2990. The closer it is to the 3000 mark, the greater the resistance it faces. After the news is digested by the market to a certain extent, it is difficult for gold to have enough momentum to continue to break through the 2990-3000 market psychological mark in the short term, so a retracement will inevitably follow!
The accelerated squeeze of gold has been separated from the technical side. After the news returns to normal, gold will inevitably have a technical retracement demand, so we can boldly short gold again in the 2985-2990 area! Tomorrow, Friday, will definitely be a turning point. Gold will at least retrace to the 2950-2940 zone tomorrow, and may even extend to the area around 2935.
So in short-term trading, I still insist on using double trading lots to short gold at 2985-2990! Looking forward to making a profit of 400-500 pips in the short term!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