The price action today has been generally above 4130. After breaking through to a high of 4173 in the European session, it entered a short-term consolidation phase, without a rapid pullback compared to previous periods. The US session is expected to see a pullback for consolidation. The strategy remains to buy on dips above 4110. Avoid chasing the price higher! Look for opportunities to buy on pullbacks.
Short-term Strategy
Buy gold above 4110, stop loss at 4100, target 4180-4200
Short-term Strategy
Buy gold above 4110, stop loss at 4100, target 4180-4200
Trade active
Your profits come from others' losses. In other words, profits only arise in the market when someone makes a mistake. However, you can't calculate or predict how many people will make mistakes, or how big those mistakes will be, nor can you guarantee that you'll always be on the right side. Therefore, in trading, the only thing you can do is minimize the duration of your mistakes. Join my team, and I will guide you towards correct trading strategies.Trade closed: target reached
Your profits come from others' losses. In other words, profits only arise in the market when someone makes a mistake. However, you can't calculate or predict how many people will make mistakes, or how big those mistakes will be, nor can you guarantee that you'll always be on the right side. Therefore, in trading, the only thing you can do is minimize the duration of your mistakes. Join my team, and I will guide you towards correct trading strategies.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.