GOLD:Trading strategy

Aug 29, 2023

Gold today is the same as I expected, breaking through the range and rising to 1935

But the rise is due to the stimulus of the news, so now you can try to short sell around 1935

Short-term fast trading
Gold:sell1935-1940 TP:1931-1927

As long as the decline does not break through the previous low, then it is still an upward trend, so if you sell short, you must strictly set a stop loss or close the transaction when you have a profit.

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Aug 29, 2023

Note

The indicator has now shown that it is overbought and there is a high chance of a decline, but it is still necessary to make a stop loss to prevent accidents.