Short gold! Phased target: 2460-2450!
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After gold broke through last Friday's high yesterday, the market was expecting gold to rise further or hit the previous historical high. However, gold only rebounded and hit around 2526 before falling under pressure. Obviously, we shorted gold near 2525 yesterday and successfully hit our TP: 2510. Many people laughed at me for shorting gold in the chat room yesterday, but time once again proved that I was right. This is the charm of market trading!
Although gold is currently at a high level and seems strong on the surface, as the bullish momentum weakens, the resistance area is gradually moving down, while the support is gradually being broken. Today, gold continued to fall from around 2518, and the gold short momentum is gradually strengthening. Therefore, I expect the adjustment range of gold may continue to expand. Therefore, in terms of trading, I still maintain the idea of shorting gold on rallies. At present, the 2518-2520 area is regarded as a short-term resistance, and the further resistance area is located in the 2525-2530 area. The retracement target is first bearish on falling below the 2500 mark; if you want to look at the band, then the retracement stage target can be the 2460-2450 area.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Although gold is currently at a high level and seems strong on the surface, as the bullish momentum weakens, the resistance area is gradually moving down, while the support is gradually being broken. Today, gold continued to fall from around 2518, and the gold short momentum is gradually strengthening. Therefore, I expect the adjustment range of gold may continue to expand. Therefore, in terms of trading, I still maintain the idea of shorting gold on rallies. At present, the 2518-2520 area is regarded as a short-term resistance, and the further resistance area is located in the 2525-2530 area. The retracement target is first bearish on falling below the 2500 mark; if you want to look at the band, then the retracement stage target can be the 2460-2450 area.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Trade ist aktiv
Short gold! Interim target: 2460-2450! In terms of trading, I still keep the idea of shorting gold on rallies. Currently, the 2518-2520 area is considered as short-term resistance, and the further resistance area is located in the 2525-2530 area. The retracement target is first bearish on falling below the 2500 mark; if you want to look at the band, then the retracement stage target can be the 2460-2450 area.Trade ist aktiv
Gold rebound is not strong, bears may counterattack at any timeTrade ist aktiv
Although gold has not fallen effectively, the bullish momentum has weakened too much compared to the recent period.Trade ist aktiv
Gold bulls are weak, which is more conducive to bears to play an advantageTrade ist aktiv
As long as gold does not break through the 2520-2525 area, then gold will definitely fall backTrade ist aktiv
Do you think gold will drop to 2460-2450?Trade ist aktiv
No need to wait, add positions to short gold near 2525Trade ist aktiv
Although gold rebounded, it still did not break through yesterday's high near 2526, and gold was suppressed to a certain extent.Trade ist aktiv
Relatively speaking, I am still optimistic about the decline of gold, and the interim target is 2460-2450Trade ist aktiv
Gold failed to break through 2530 again and now fell back to around 2516. Our short position has started to make profit again.
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