Yesterday and today, I insisted on giving you two signals. One is to short gold at the 2004 and 2007 positions yesterday; the other is to add a short position to gold again in the 2005-2007 area today. At present, they have successfully reached my expected profit target position of 1993. The total profit is more than 37 points, which is a very good number. I am very happy to have a good trading experience with everyone. https://www.tradingview.com/x/A65TqW9s/
Although gold has tried to fall below the 1990 position, there is still short-term support in the 1988-1986 area below, so do not aggressively short gold at the 1990 position for the time being to prevent gold from rebounding again with short-term support; in addition, strong support is near the 1980 position. So after the gold pullback is in place, I will look for suitable opportunities to go long gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
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Gold is currently hovering around 1990, and there is still some room for short-term support. You can try to continue shorting gold and close the position near 1988-1986.
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Gold may need to test support again
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The short-term support of gold is around 1986-1986, and strong support is at the 1980 line.
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