Boldly short gold

업데이트됨
Due to the cooling of the Fed's interest rate cut expectations, the strengthening of the US dollar index and the profit-taking of some chips, gold barely held the 2500 mark. During the day, gold fell back to around 2490. As gold fell, the upper resistance fell accordingly, and the current short-term resistance has dropped to around 2510.

If gold cannot recover above 2510 today, then gold will continue to fall. Since gold is already trying to test the 2490-2495 area. According to the current weakness of gold, the support in this area may be broken at any time. Therefore, it is entirely possible for gold to continue to fall and test the 2485-2480 area, and it may even continue to fall to around 2470, pointing directly to our staged target area.

So in today's trading, we are still mainly shorting. As long as gold cannot recover above 2510, we can boldly short gold in short-term trading! Now I continue to hold my short position and look forward to further expansion of profits!

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액티브 트레이드
Gold is currently fluctuating in a narrow range of 2500-2498. Continue to hold short positions. Gold still has room to fall.
액티브 트레이드
The New York market is closed today, and gold has no trading volume to support the rise, so gold should continue to fall
액티브 트레이드
Gold has failed to break through the 2510 short-term resistance area many times during the rebound process, and gold still has room to fall back.
액티브 트레이드
Gold rebound is weak, and gold will test 2493-2490 again today
액티브 트레이드
Gold's rebound momentum is gradually weakening, and gold still has the potential to continue to fall
액티브 트레이드
Because the New York market is closed, gold fluctuations are not large. But it’s clear that gold shorts aren’t over yet
액티브 트레이드
The Tokyo market started, gold continued to fall, and the profits from our overnight short positions further expanded.
액티브 트레이드
Gold is continuing to fall and our profits are growing rapidly
액티브 트레이드
Gold has hit TP: 2495, great short trading strategy
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