Summary of gold next week: 2600-2660
Summary of gold next week: 2600-2660
1: When the whole world knew that 2620 was the bottom, everyone's stop loss was placed here, so it fell directly to 2614 last Friday, and the Asian session was crazy about buying gold near 2620.
As a result, a large number of traders were robbed
2: When the technical school of the world believed that 2620-2660 was a range oscillation, everyone's stop loss was placed near 2660, so the Asian session continued to rise from Monday to Wednesday.
As a result, a large number of traders were robbed again
3: When the technical school of the world believed that 2720 was the final top, everyone's stop loss was placed near 2720, so 2726 came.
In the end, a large number of traders got nothing and lost all their chips.
4: When the technical factions all over the world believed that the 2675-2700 range was the next oscillation range and 2660 was the average price of this bullish trend, everyone placed the stop loss near 2650-2660. So Friday ushered in another wave of complete decline, and the price came to 2646.
It completely defeated many technical traders.
But my team and I still survived strongly.
Next, we will analyze the technical analysis.
The oscillation range of gold is: 2600-2660.
I always firmly believe that gold will rise.
Although all this is full of various conspiracies, the trend is unstoppable.
Such violent fluctuations have left many retail investors helpless in trading, greatly increasing the difficulty of trading.
But if we trade in a planned way, we can still get rich returns.
In fact, we did not do badly this week, and the yield rate still increased by 30%.
Here is my sharing:
1: Prepare for the worst. If 2600 is the bottom, we should plan our positions based on it.
2: Reserve enough funds. What should we do if 2600 is broken?
3: If it breaks through 2660, I still insist on the bullish trend of 2720-2750-2780-2800+
I will continue to layout long positions on Monday.
1: When the whole world knew that 2620 was the bottom, everyone's stop loss was placed here, so it fell directly to 2614 last Friday, and the Asian session was crazy about buying gold near 2620.
As a result, a large number of traders were robbed
2: When the technical school of the world believed that 2620-2660 was a range oscillation, everyone's stop loss was placed near 2660, so the Asian session continued to rise from Monday to Wednesday.
As a result, a large number of traders were robbed again
3: When the technical school of the world believed that 2720 was the final top, everyone's stop loss was placed near 2720, so 2726 came.
In the end, a large number of traders got nothing and lost all their chips.
4: When the technical factions all over the world believed that the 2675-2700 range was the next oscillation range and 2660 was the average price of this bullish trend, everyone placed the stop loss near 2650-2660. So Friday ushered in another wave of complete decline, and the price came to 2646.
It completely defeated many technical traders.
But my team and I still survived strongly.
Next, we will analyze the technical analysis.
The oscillation range of gold is: 2600-2660.
I always firmly believe that gold will rise.
Although all this is full of various conspiracies, the trend is unstoppable.
Such violent fluctuations have left many retail investors helpless in trading, greatly increasing the difficulty of trading.
But if we trade in a planned way, we can still get rich returns.
In fact, we did not do badly this week, and the yield rate still increased by 30%.
Here is my sharing:
1: Prepare for the worst. If 2600 is the bottom, we should plan our positions based on it.
2: Reserve enough funds. What should we do if 2600 is broken?
3: If it breaks through 2660, I still insist on the bullish trend of 2720-2750-2780-2800+
I will continue to layout long positions on Monday.
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