This week's gold trading strategy
Updated
This week's gold trading strategy, be able to understand and follow, there will be a 50% profit this week!
News: Everyone knows that the US Federal Reserve cut interest rates some time ago, which added a fire to the entire gold market. In addition, the global geopolitical conflict has ignited the entire gold market, causing the price of gold to reach 2700!For all of us traders, what we want to know most is which direction the market should go next.
First of all, the news is that the United States has cut interest rates, and the impact of geopolitical risks has been almost digested by the market, so it is a bit difficult for gold to hit the high point!
In addition, after the U.S. interest rate cut, it will definitely focus on economic development, so the U.S. economy will improve next, so the dollar index will rise, and the price of gold will also fluctuate and fall!
So I judge that in the next week or so, the gold market will fluctuate and fall!
Technical aspects: You can see that the candlestick chart of gold is currently in a downtrend channel. Although it has broken through the top of the uptrend channel, it is not a real technical breakthrough. It is caused by today's US data ‘ISM Manufacturing PMI for September'. Gold will return to the trend next, so it is best to go short at a high level, but go long at a low level in the trend!
News forecast: U.S. ADP employment in September (10,000 people)-bearish gold
U.S. non-farm payrolls after September quarter-adjusted (10,000 people)-bearish gold
This week's point strategy: 2670 short, 2675 increase position
2620 go long, 2615 increase position
If you want to see specific trading signal strategies, please consult in the comments area!
News: Everyone knows that the US Federal Reserve cut interest rates some time ago, which added a fire to the entire gold market. In addition, the global geopolitical conflict has ignited the entire gold market, causing the price of gold to reach 2700!For all of us traders, what we want to know most is which direction the market should go next.
First of all, the news is that the United States has cut interest rates, and the impact of geopolitical risks has been almost digested by the market, so it is a bit difficult for gold to hit the high point!
In addition, after the U.S. interest rate cut, it will definitely focus on economic development, so the U.S. economy will improve next, so the dollar index will rise, and the price of gold will also fluctuate and fall!
So I judge that in the next week or so, the gold market will fluctuate and fall!
Technical aspects: You can see that the candlestick chart of gold is currently in a downtrend channel. Although it has broken through the top of the uptrend channel, it is not a real technical breakthrough. It is caused by today's US data ‘ISM Manufacturing PMI for September'. Gold will return to the trend next, so it is best to go short at a high level, but go long at a low level in the trend!
News forecast: U.S. ADP employment in September (10,000 people)-bearish gold
U.S. non-farm payrolls after September quarter-adjusted (10,000 people)-bearish gold
This week's point strategy: 2670 short, 2675 increase position
2620 go long, 2615 increase position
If you want to see specific trading signal strategies, please consult in the comments area!
Trade active
2670 Now we can short the marketTrade active
2670 We can continue to short the marketTrade active
2670 Friends who are shorting the market have made substantial profits!Trade active
Today's trading strategy is still mainly shorting at high levels
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
Telegram Channel Entry:t.me/Hobart1986
Only in this way can we ensure continuous profits!
Telegram Channel Entry:t.me/Hobart1986
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