The mentality of trading is very important. At the same time, you must have clear ideas and decisive actions. Gold has been in a state of rapid growth. Many people are easily led to big losses by a small mistake. If you are worried about the loss at this time, you can choose to observe our daily operations in the group. The operations in the group are reasonable and well-founded, with real-time current price orders, and the returns are also considerable. Everyone is welcome to come and verify.
Gold risk aversion has driven gold to strengthen. The current bullish trend of gold is strong. The decline during the US trading session is still dominated by long positions. Technically, the 1-hour moving average forms a golden cross upward, indicating sufficient bullish momentum. After the gold price breaks through, it is confirmed that the support level of 3330 is effective, and the short-term support structure has been formed. It is recommended to wait for the second opportunity for the gold price to step back! Although the 1-hour chart shows that the current trend remains strong and the step-back amplitude is small, it is necessary to maintain a cautious attitude-even if the market is strong, it is not recommended to chase more, and it is necessary to guard against the risk of a deep correction in the gold price. In terms of operation, it is reminded that you can focus on the support level below: the first support level is 3345 (bull-bear watershed). If it falls below, pay attention to the key support of 3330. If the gold price falls back to around 3345 and stabilizes, you can consider a light position to try more.
Gold risk aversion has driven gold to strengthen. The current bullish trend of gold is strong. The decline during the US trading session is still dominated by long positions. Technically, the 1-hour moving average forms a golden cross upward, indicating sufficient bullish momentum. After the gold price breaks through, it is confirmed that the support level of 3330 is effective, and the short-term support structure has been formed. It is recommended to wait for the second opportunity for the gold price to step back! Although the 1-hour chart shows that the current trend remains strong and the step-back amplitude is small, it is necessary to maintain a cautious attitude-even if the market is strong, it is not recommended to chase more, and it is necessary to guard against the risk of a deep correction in the gold price. In terms of operation, it is reminded that you can focus on the support level below: the first support level is 3345 (bull-bear watershed). If it falls below, pay attention to the key support of 3330. If the gold price falls back to around 3345 and stabilizes, you can consider a light position to try more.
Trade active
Have you ever had this feeling: watching others make money easily by trading, but you are getting more and more tired and losing more and more. Watching the market until midnight, chasing long and short, over and over again, the result is that the account is getting smaller and smaller, and the confidence is getting lower and lower. It's not that you don't know how to trade, you've just been alone for too long. You saw the market, but missed the rhythm; you made the right direction, but couldn't hold the profit; you want to turn over, but you can't find someone who can really take you on the right track. I have seen too many traders who are constantly struggling in the market, blowing up their positions, going all-in, and frequently stopping losses. In fact, they are not stupid, but they just want to turn over overnight.But to be honest:
Making money is not based on guessing the market, but on logical and rhythmic execution. Long-term stable profits are never accidental, but someone can take you to avoid detours. I won't guarantee that you will make money on every order, but I will show you the structure and rhythm of the market. I will teach you how to enter the market in batches, control risks, hold profits, and turn trading from "guessing ups and downs" to "making money in a planned way." There are market trends every day, and there is no shortage of opportunities. What really makes the difference is whether you are willing to follow the right people and take the right path. Brothers who want to turn things around and brothers who want to stabilize the pace, please find me in advance. Plans don't wait. Next week I will only lead a group of people to stabilize the pace. We don't bet on the direction, we only want profits.
Trade closed: target reached
This week, the market fluctuated repeatedly, and the market was tempted to sell and to buy alternately, which was really difficult to do. Fortunately, the overall rhythm was not chaotic, and the long and short rhythms were basically kept up. The operations at several key positions still yielded a lot of gains. But to be honest, there was indeed a deviation in the short-order strategy on Friday. The market went out of the continued market outside the structure, which resulted in the failure of this short order to stop profit ideally, resulting in a certain loss. But the overall profit was still realized, and the account maintained positive growth. What we have always emphasized is not "every order is right", but: grasp your own rhythm under the premise of not biased in the general direction and reasonable profit and loss ratio. There is no perfect operation in the market forever, but as long as the logic is correct and the execution is in place, even if there is a retracement, it can be calmly reversed and continue to move forward. Some people have been spinning in place all week, and we have already completed the harvest. Some people have been entering and exiting frequently and becoming more and more chaotic. We have always been steady around the key range. Friday's loss reminds us: trading should never be taken lightly. But as long as you stick to the right method, the results will become clearer and clearer. The rhythm for next week is ready. Brothers who want to adjust their status and keep up with the plan are welcome to pay attention to the bottom article in advance. If the rhythm is stable, it is actually very simple to make money.
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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.
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.