XAUUSD: Sell ​​above 2756

23 Eki

Today, gold prices rose to around 2758 before retreating. From previous trends, there is support around 2748, and the 2743-2738 range is also significant.

Currently, the market structure is not favorable for bulls, making support crucial. In terms of trading strategy, I am leaning towards short positions today, with a key entry point at 2756, which I shared yesterday, and an additional position in the 2760-2764 range.

If the price breaks below support directly, we may need to adjust the strategy and consider going long around the main support levels, but the target should be kept modest, ideally within $6.

Additionally, there will be news releases half an hour before the New York session, which could have a substantial impact on the market, so please pay close attention while trading.

23 Eki

İşlem aktif

The price hit the support, and the buy has been notified, adding in the 2738-2733 range

23 Eki

İşlem aktif

I hope everyone made money today.

23 Eki

İşlem aktif

Today's market has led many friends to suffer losses, but those trading with me have all avoided losses, even making profits while going long.


I want to emphasize that making money isn't as difficult as it seems; the real challenge lies in finding the right people.

If you've been losing in self-directed trading or consistently losing by following others, it might be time to reconsider your strategy. You could also try taking the opposite approach to the advice you follow; it might yield better results.