The results of the China-US talks were significant and exceeded market expectations. China and the US issued a joint statement, the core of which was to end the tariff war and reduce the tariffs of both sides to 34%, of which 24% will be temporarily exempted within 90 days.
At present, there is still a demand for a rebound. For the US market, we should first look at the area around 3245-55. If the rebound is in place, continue to play short orders to look at the target position of 3200. If it breaks upward, find a new point layout. This week's data and news will have a further impact on gold.
Operation suggestion: Short gold when it rebounds to around 3245-3255, pay attention to 3220 and 3200
At present, there is still a demand for a rebound. For the US market, we should first look at the area around 3245-55. If the rebound is in place, continue to play short orders to look at the target position of 3200. If it breaks upward, find a new point layout. This week's data and news will have a further impact on gold.
Operation suggestion: Short gold when it rebounds to around 3245-3255, pay attention to 3220 and 3200
Trade active
During the decline, gold broke through the area near 3235 as expected, and my short-selling goal was successfully achieved again. I think your short selling profit must be considerable!The gold shorts arrived as expected, and we took profits while we were ahead. This also saw us reaching the profit point of our third wave short order!
Trade closed: target reached
Gold is in a risk-averse mood. Gold has been falling all day today. The rebound is an opportunity for shorts. If you follow my trading strategy completely, I believe that no matter whether you trade long or short, you will make a lot of money! Congratulations!ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
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.
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.