Sorry, I've already started shorting gold
Updated
At present, gold has risen strongly to around 2689, and is only one step away from 2700. Although the gold market is hot at present, I do not advocate chasing gold now. To be honest, as long as gold remains above 2675, I will not advocate going long on gold.
Now that gold is approaching 2700, it has basically reached the short-term expectations of bulls. Now that gold is approaching 2700, it has basically reached the short-term expectations of the bulls. Some of the profit-making chips may be cashed in for shipment. This is why I do not recommend chasing gold. In the short term, since gold rose near 2638, there has been basically no decent correction. So when facing the psychological pressure of 2700, gold is likely to have a round of correction, retesting the 2670-2665 area, and may even retest the 2660-2655 area.
So, bros, while you are keen on chasing gold, I am now shorting gold in batches! Let us look forward to the next results!
Now that gold is approaching 2700, it has basically reached the short-term expectations of bulls. Now that gold is approaching 2700, it has basically reached the short-term expectations of the bulls. Some of the profit-making chips may be cashed in for shipment. This is why I do not recommend chasing gold. In the short term, since gold rose near 2638, there has been basically no decent correction. So when facing the psychological pressure of 2700, gold is likely to have a round of correction, retesting the 2670-2665 area, and may even retest the 2660-2655 area.
So, bros, while you are keen on chasing gold, I am now shorting gold in batches! Let us look forward to the next results!
Trade active
Stimulated by the negative triple data, gold fell to as low as 2673, and our short position made a very good profit.Trade active
After we closed the short position near 2673 and took profits, we can now consider re-entering the short trade.Trade active
Continue to short gold around 2685Trade active
Gold has now broken through 2690. The only psychological pressure is around 2700. In this area, we can consider adding positions to short gold.Trade active
Gold is currently heading directly towards 2700. If gold fails to stabilize after testing 2700, I think gold will usher in a wave of retracement in the short term. The first focus below is on the support of 2680-2670.Trade active
Gold rebounded to around 2696 and then began to fall. Now it has fallen back to around 2688 again. We look forward to gold falling back to the 2680-2670 area.Trade active
At present, gold is approaching the psychological pressure level of 2700. There will be a struggle between the long and short sides in this area. There are signs of obstruction in the short term. Gold may still fall back. Focus on the support area of 2680-2670 below.Trade active
It is expected that after the Asian market opens tomorrow, gold will first experience a wave of retracement before rising again.Trade active
Looking forward to gold's performance after the Asian market starts
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