How will gold perform after the super rollercoaster market?

4 Nis

Gold's 1-hour moving average still shows signs of turning downwards. Although gold bulls have made a strong counterattack, it is also because of the risk-aversion news that stimulated a retaliatory rebound. However, gold continued to fall after rising, and gold began to return to volatility. In the short term, gold is supported near 3100. If gold falls below the support near 3100 again, then gold shorts will still have an advantage in this war. Overall, the impact of today’s non-agricultural data is expected to be dim. What is more important is the stimulation of the news. However, it may be noted that if gold holds the 3100 mark for a long time, then gold is expected to fluctuate upward above 3100.





Trading idea: short gold near 3115, stop loss 3125, target 3100

The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.

4 Nis

Not

Gold shorts continue to win!!

4 Nis

İşlem aktif

Gold short position profits continue to increase, congratulations to friends who short gold. You can follow me directly

4 Nis

İşlem kapandı: hedefe ulaştı

4 Nis

Not

Gold fell below 3100, and the short-term gold short force is stronger