Gold Spot / U.S. Dollar
Short
Updated

Gold fluctuates repeatedly, how to seize the opportunity

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If the direction is right, you are not afraid of the long journey. Use time to witness your strength, use your strength to win the future, let trust become profit, and use profit to resolve doubts. The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it, don't go against the trend to buy at the bottom, so as not to suffer. Remember not to act on impulse when trading. The market is good for all kinds of dissatisfaction, so you must not hold orders. I believe many people have experienced this. The more you resist, the more panic you will feel, and the floating losses will continue to magnify, making you eat and sleep poorly, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow my pace and try to see if it can make you suddenly enlightened.

Gold is concerned about the short-term pressure of the 3316 line above, and focuses on the pressure of the 3325 line. If the pressure above the 3325 line is not broken, then the possibility of gold further breaking through the lower space to 3295-3300 in the short term will also increase significantly. Therefore, the main line of gold operation is still based on holding shorts and rebounding shorts. Gold can rebound to the 3316 line and 3325 line before considering participating in short shorts. In terms of operation, we first pay attention to the support of the 3295-3300 line. If the lower support is broken today, the market will reverse to the short side. Otherwise, we will continue to rebound from the bottom and look for opportunities to go long.

From the current trend of gold, pay attention to the support of the 3300-3295 line below, the short-term resistance above pays attention to the vicinity of 3316, and focus on the suppression of the line near 3325. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, keep the main tone of participating in the trend, and patiently wait for key points to participate.

Gold operation strategy:
1. Go long on gold around 3330-3295, target 3315-3320.

2. Go short on gold around 3315-3325, target 3305-3300.
Trade active
At present, this wave of rebound is still a technical adjustment, not a trend reversal. The short structure is still there, and the rebound is our opportunity to short. Looking at the hourly chart, 3330-3335 is the key resistance level, and it is also the area of ​​intensive transactions in the previous period. If the price rebounds to this position and there is a stagflation or top signal, it is a good time to enter a short position. The current direction is relatively clear, and the exhaustion of the rebound is our entry rhythm. Relying on the pressure level below 3330-3335, we can still arrange short positions. Don't hesitate when the opportunity comes.
Trade closed: target reached
Today, we repeatedly bought low and arranged long orders around 3300 points. Long positions repeatedly made profits. The rebound rhythm was completely consistent with the plan, and the income was considerable! As shown in the trading plan, the gold trend slowly rose to 3340 and was blocked. The technical suppression was obvious, and the short strategy was accurately triggered. It has entered the profit release stage. The overall operation rhythm is highly consistent with expectations. The strategy is forward-looking and executed in place. The logic of steady trading has been verified again. This is the confidence of early layout, and it is also the reason why we are already reaping profits while you are still hesitating. Opportunities never wait for anyone. If the rhythm is right, profit is only a matter of time.

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