Gold short orders continue to make profits for FXOPEN:XAUUSD by Leo-trading-star

Gold, at the end of the European session during the day, once again rose above 00, which can be said to be a desperate counterattack by the bulls. The market is relatively bearish, so the long and short positions in the short term have also undergone subtle changes, and many times , these changes in the market are all due to the market's sensitivity to investors. To put it simply, it is a washout action by the market against investors. At present, gold continues to form a counter-draw situation, with the previous high point The vicinity of 2222 is still an elusive point. If the counter-draw in the later period is likely to be around the integer level below 2200, then the current point in the evening is exactly where we will continue to place short orders in the later period. The ideal position, and if the short retracement is established in the evening, the subsequent short decline will also follow the trend, with ups and downs, and the key support below will continue to remain near 40, then we will directly short gold in the evening, with the target around 2160

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Gold’s long and short positions continue to make profits, and you can’t go wrong by following the signals

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At present, all the K-lines have reached record highs, and the Dayang line has soared into the sky. It has blown the roof off. It is obvious that it cannot hold on anymore. All technical indicators are pointing to the bulls. The K-line has remained above the moving average throughout the whole process, and the moving average is close to vertical. Above, too strong, the macd energy column is also above the zero axis

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The daily and weekly lines closed strongly higher, and the news stimulated further breakthroughs, making short-term bulls still strong. At least the technical side did not appear to rise and fall, and the bull structure has not changed. The boost from the news will expand the space. increase.

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Obviously the K-line cannot fall. Gold once reached around 2230, but the big positive line directly pulled up to above 2250. This is an obvious bullish pattern. Even if it falls back, the big positive line can still pull up. This is a super buying trend. , the K-line continues to see new historical highs

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Following the trend, the low and long positions are bullish. There is no suitable entry position in the Asian market, and the focus is on the European market. Below, focus on the morning low of 2302-2306 range, and other positions will be arranged accordingly.

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Today it has fallen back more than 20 points from 2353, but in the current trend, do not arbitrarily believe that there is a top. In trading, it is better to focus on lows and longs. Rely on the first wave high point of 2353 to participate in defense. It is not that you cannot go short in the recent market. Short selling can only rely on the previous high as a defense. Once the high is broken, just give up all short orders. Do not forcefully add short positions!

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