Gold 30m chart, MACD dead fork, resistance 1993, 2001, support 1978, 1971, 1953, yesterday’s drop was too large, today and tomorrow should be repaired, and there will be ADP data tomorrow, after yesterday’s drop, after the data is released this time , the probability of gold rising is high. Now in the 4h chart, gold has come to the support zone. Although there is no stop-fall pattern, but through years of trading experience, I think it will start to rebound soon, but the rebound is only to repair the technical form, and it does not mean that the trend of gold has reversed. , so my point of view is that it can be traded between 1950-2000, and the focus is still on shorting.
Trading Signals:
sell: 1998-2003 tp:1988-1979 sl:2009
sell: 1988-1993 tp:1978-1953 sl:1994
buy:1976-1969 tp:1990-2000 sl:1967
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1988 The shorts are making money, we need to close it and start long
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In a short period of time, there is resistance at 1989. If it cannot break through before the start of the US market, it is likely to fall to our long position at 1979 and then rise
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It didn't rise above 1989, US time starts, it will fall, we will add longs at 1979
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It's still oscillating where our longs started, today is the time to go long
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Increase your position and go long
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Our longs have made money, now, I close them
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We were short in 1988, closed in 1986, long in 1985 and 1976, closed in 1983 and we made a little money
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When it pulls back, we can continue to go long
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It's still going up, I'm long and if it pulls back, I'll add more
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It's going down folks, we need to be short
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It goes up to 1983, back to where we started long, when it goes up to 1988, we can close longs and add shorts
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Gold is about to go up, my friends, if you are ready to trade now, go long, it will make you money
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The resistance at 1985 prevents us from making more money with long positions, it seems that we need more time to wait, if you need a break, you can close the order, or set TP1988, SL1977
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Friends, I closed the order, earned $1.2 for long orders, and lost $1.9 for short orders. I made $8 today (1 lot earns 800). I am going to rest now. We will continue trading tomorrow, good night
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