Go long gold near 2633 as scheduled

Dec 17

Bros, I have been suggesting that gold is likely to continue to fall to the 2635-2630 area in the past two days. At present, gold has fallen back to this area as expected. We have made a lot of money in gold short trading in the past two days! Congratulations to those friends who followed my trading strategy!

At present, the lowest price of gold has reached around 2633, so the support of the 2635-2630 area is effective in the short term, and gold has failed to fall below this area several times during the decline, so this area has become an important defensive position for bulls in the short term, so there should be some buying funds here, whether it is to seize control or to play between the long and short sides, the bulls should perform well in this range.

So in terms of short-term trading, I prefer to start long gold near 2633, and I have already done so. Moreover, there is still strong support in the 2625-2620 area below. If gold continues to fall, I will consider adding positions to long gold in the 2625-2620 area again.

Bros, I have already started to go long on gold. Are you optimistic about the rebound of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!

Dec 17

Trade closed manually

Bros, gold was able to get support in the 2635-2630 area and began to rebound, and now fell back to around 2642. From the perspective of gold's rebound, although gold stopped falling near 2630, it is still in a weak category. And gold was rejected by 2643 many times during the rebound. So in order to lock in profits in time, I no longer wait for 2645. I have now manually closed the order, locked in profits in time, and waited for the next trading opportunity.