Gold gradually rebounded after touching 3295. The highest price has rebounded to 3338. Although the rebound has reached $43, the upward momentum is not strong during the rebound. Therefore, the current rebound cannot be confirmed as a reversal trend. Moreover, gold has not yet effectively broken through the 3330-3340 area. Gold is still weak in the short term. Gold still has the potential to fall after the rebound. It will at least retest the 3315-3305 area again.
Therefore, there is no need to fear the rebound of gold for the time being. The rebound of gold is a good opportunity to short gold. I think gold will at least retest the 3315-3305 area again, and even exceed expectations to the area around 3280. Shorting gold is the password for profit in the short term!
Therefore, there is no need to fear the rebound of gold for the time being. The rebound of gold is a good opportunity to short gold. I think gold will at least retest the 3315-3305 area again, and even exceed expectations to the area around 3280. Shorting gold is the password for profit in the short term!
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Bros, although gold has not fallen back to the 3315-3305 area as expected, it has fallen back to around 3326. Our short positions have made very good profits. Have you followed me to short gold?Trade closed: target reached
Bros, today I followed the trading plan and shorted gold with the 3330-3340 area as resistance. First, I shorted gold near 3330. After gold rebounded to around 3338, it fell under pressure. After confirming the suppression effect of 3340, I shorted gold near 3336 again. Currently, gold has fallen back to around 3326. Although it did not fall back to the 3315-3305 area as expected, we still made a good profit when gold fell back to around 3326. Today's gold market is about to close, and I still adhere to the principle of not holding positions overnight. I have closed the gold short position to lock in profits in time!
Traders who do not aim at profit are not qualified traders. Maintain a trading win rate of more than 85% and pursue the annual profit target: more than $600K! Witness Free Telegram Group: t.me/Steffen_S68
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Traders who do not aim at profit are not qualified traders. Maintain a trading win rate of more than 85% and pursue the annual profit target: more than $600K! Witness Free Telegram Group: t.me/Steffen_S68
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.