Today I announced my trading plan on the channel, going long gold directly in the 1944-1942 area, and setting the profit target at 1955. Obviously, gold relied on CPI data to detonate the market after the shock, and directly touched the price I expected. Profit target, congratulations to everyone for making good profits again today. https://www.tradingview.com/x/Yb6XIM3E/
At present, gold has reached its highest level near 1959. It should not be difficult for gold to break through 1960, so we cannot rush to short-term gold for the time being. The current short-term resistance of gold is in the 1965 area, so if there is an opportunity, we can still consider continuing to go long at a relatively low level. Gold, keep making money and increase our profits.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active
Gold faces short-term resistance at 1970. Friends who are interested in participating in the market can try to short gold with the help of 1970 resistance.
Trade active
Xauusd:@1968-1970 Sell, TP:1960-1958
Trade active
Gold is now back around 1964 and our short gold position is starting to make profits again
Trade active
Gold is currently stuck in a narrow range, but our gold short position has already made a lot of profits. You can choose to close your position first and then participate in the transaction after the gold trend emerges.
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.