The current market is still volatile, without any breaking behavior. In fact, since the start of London trading hours, there has not been a good opportunity to participate in market transactions, and it has been fluctuating around the 2315-2323 area. https://www.tradingview.com/x/bVxErG6B/
However, judging from the strength of today's rebound, the upward momentum of gold is obviously insufficient, and it can't even stand at 2324. Relatively speaking, the performance of gold is still weak, and there are signs of a double top structure in the short-term chart, which suppresses gold. So in terms of trading, I still tend to short gold. But in order to avoid a wash-out breakthrough like Friday, we must grasp the trading rhythm in short-term trading, so as not to be easily eliminated.
During the period of gold volatility, we focus on the upper resistance of 2335-2340, but as gold gradually moves downward, we first pay attention to the short-term resistance of 2325-2330; and on the bottom, we first pay attention to the support of 2305-2300. If it breaks through 2300, the target will move downward.
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액티브 트레이드
Gold has now rebounded to around 2325, and we can be ready to short gold
액티브 트레이드
I just shorted gold near 2326 and closed the order near 2319, waiting for the next short-term trading opportunity.
액티브 트레이드
Short gold again near 2328 and wait patiently for gold to fall
액티브 트레이드
We shorted gold around 2328 and hit TP again: 2319
액티브 트레이드
Buy gold again around 2310
액티브 트레이드
Gold has begun to rebound, and now our short-term long positions have begun to make profits again
액티브 트레이드
Manually close long positions near the 2316 level
액티브 트레이드
Gold is still relatively weak, and we are still looking for opportunities to short gold
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