Where will gold go?

7 gün önce

In 4 hours, it has fallen below the previous low of 3295, and will continue to fall. There are two supports below, namely 3280 and 3265. Don't expect a big rebound before going short in a negative market. If the rebound is large, it will not fall. This kind of negative decline is generally judged by the 15- and 30-minute patterns. When resistance appears in the big cycle, the market has actually fallen a lot.

Today, I think the pressure is mainly in the 3300 and 3310 areas. 3310 can be considered as the pressure of the top and bottom conversion. Pay attention to 3280 and 3265 below. If you consider going long, these two positions are the main positions. For the time being, the general direction is mainly short.

7 gün önce

İşlem aktif

In a volatile market, the changes between long and short positions are relatively fast. If you chase the falling market, you will get slapped in the face. The general trend in the short term is still mainly a volatile decline. If you cannot accurately grasp the change in the market, you can just go short in the general direction. The key resistance is generally: top and bottom conversion and the high point before the last decline.
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6 gün önce

İşlem kapandı: hedefe ulaştı

Congratulations to the brothers who followed the plan and made profits again. The long orders have been successfully closed with profits as planned, and the short-term goals have been achieved as scheduled. The current strategy remains unchanged. Focus on the upper resistance area. After the rebound is in place, arrange short orders in line with the trend, trade in line with the trend, execute steadily, control the rhythm, and patiently wait for the best entry opportunity.