Crazy gold has fallen again. Now in the 1h chart, MACD has formed a golden cross. In this week's sharp drop, the bulls have not shown a significant counterattack. There is a data today. I judge that they are likely to use this data to launch Counterattack, the probability of rising to 1990-2000 is very high, so I plan to be long gold today.
Trading Signals:
buy:1978-1970
tp:1988-1998
sl:1967
sell: 1998-2003
tp:1988-1979
sl:2009
Trade active
It was resisted in 1977, my long is still holding, at the same time, I traded short, its TP is set at 1969, because there are also long orders, so no SL is set
Trade active
There will be another 25m data release, I expect it to be beneficial to gold bulls, so now, I closed the short position and made a profit of $0.3 (1 lot profit 30)
Trade active
The market will fluctuate a lot later, I have no time to release my signal, let me tell you in advance, I am holding a long position in gold, TP1995, SL1969, if the judgment is correct, we will make a lot of money, if I am wrong, I will lose $9 , I will short
Trade active
TP1985-1995
Trade active
Unfortunately, I made a wrong judgment and lost $8 in one transaction. Fortunately, I made back the loss through short selling. Today, I made $10 (1K for 1 lot)
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.