The closing price of XAU/USD on Friday was 3,022.790.
Indeed, gold prices have broken through that key $3,000 support level, just as we anticipated.
Although the $3,000 support level was quite strong—it's always been a tough nut to crack—it still failed to hold firm.
Given the current market conditions, gold prices are set to continue their downward trend next week, no doubt about it.
Now, for the trading strategy: when the price rebounds to the $3,030 - $3,040 range, that's when you might want to consider short - selling.
Make sure to set the stop - loss slightly above $3,057 and the target price at $2,980. Simple as that, isn't it?
I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Indeed, gold prices have broken through that key $3,000 support level, just as we anticipated.
Although the $3,000 support level was quite strong—it's always been a tough nut to crack—it still failed to hold firm.
Given the current market conditions, gold prices are set to continue their downward trend next week, no doubt about it.
Now, for the trading strategy: when the price rebounds to the $3,030 - $3,040 range, that's when you might want to consider short - selling.
Make sure to set the stop - loss slightly above $3,057 and the target price at $2,980. Simple as that, isn't it?
I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
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sell@3035-3045Trading ain't easy, mate. It needs proper thought and dead - on execution. Hope you lot who've had a rough trot can shake off them losses quick and get on the gravy train of steady wins.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.