Profited $9K, short gold again!

Today, gold maintained a volatile correction. Although the fluctuation was not large, we still made relatively good profits in both long and short transactions. First, we bought gold near 2292 and set TP: 2300; obviously, gold successfully hit our target during the rebound; then we sold gold in batches near 2301 and 2308. When gold fell back to around 2302, we chose to close the position manually, and we made good profits overall. So far, I have made a total profit of 9K, which is a good result for today's market!

At present, gold is in a stage of shock repair. Although it has rebounded in the short term and re-standing above 2300, it has not made effective progress and has not even effectively broken through the short-term resistance area of ​​2310-2315. Therefore, gold is only rebounding, not reversing. Therefore, we should not be too bullish on gold for now.

According to the current market conditions, it is obvious that the short-term support of gold is in the 2300-2295 area, followed by the 2285-2280 area, and the upper short-term resistance is in the 2310-2315 area, followed by the 2330-2335 area. So we can perform high-sell and low-buy operations in the support and resistance areas!

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Continue to short gold near 2314

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Wait patiently for gold to fall

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Brothers, gold has fallen again as expected. There is still room for gold to fall further. Let the profits continue to fly for a while.

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Guys, do you think gold will continue to fall?

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Although gold has not fallen effectively, long-term stagnant rise will consume a certain amount of bullish momentum, and gold will continue to fall.

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Gold fell back below 2310 again, and our short position has begun to make good profits

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The direction of gold is unclear at present, it is best not to hold positions overnight and close them first

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Gold is still relatively volatile. Let's first see if gold has enough energy to break through 2315.

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Gold still failed to break through the 2315 position. After the upward momentum is consumed, gold will continue to fall.