Today, the XAU/USD market has experienced extremely sharp fluctuations. The price soared directly from 2936 to break through 2980.
Many traders who took short - term short positions have suffered full losses. I went short at 2944, but fortunately, I set a stop - loss (SL) at 2948.
Judging from the current trend, gold may break through the resistance level of 2990. Given the high risk of continuing to trade, I've decided to suspend trading today. Meanwhile, I also don't recommend that you get involved in gold trading at this moment.
In trading, we must have the courage to accept losses and admit defeat.
The Signals have timeliness , if you also need to get accurate signals every day，follow the link below to get my daily strategy updates
Many traders who took short - term short positions have suffered full losses. I went short at 2944, but fortunately, I set a stop - loss (SL) at 2948.
Judging from the current trend, gold may break through the resistance level of 2990. Given the high risk of continuing to trade, I've decided to suspend trading today. Meanwhile, I also don't recommend that you get involved in gold trading at this moment.
In trading, we must have the courage to accept losses and admit defeat.
The Signals have timeliness , if you also need to get accurate signals every day，follow the link below to get my daily strategy updates
Trade active
Don't blindly follow the trend
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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.
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.