Risk aversion pushes gold higher again

27 mar

From the perspective of gold trend, after three trading days of shocks and consolidation, this trading day also chose to break upward. After breaking through the pressure near 3030/32, it inertially rushed up to 3056, which is only one step away from the historical high.

Gold broke out of the upward trend mainly driven by risk aversion. Russia, Ukraine and Gaza opened fire again. The originally planned peace talks did not achieve substantial results, so the current market risk aversion pushed gold upward again. Gold strengthened again after breaking through the convergence triangle.

Gold can be shorted in the short term, sl: 3063 tp: 3042

27 mar

Nota

Gold is worth shorting at a high level

27 mar

Nota

Gold experienced a wave of decline after reaching around 3056. It is still fluctuating, but there is still room for decline.

27 mar

Trade attivo

Gold's 5-minute chart continues to fall, and our short order profits continue to increase

27 mar

Nota

My technical analysis is never ambiguous. If you don't pay attention to me, it's your loss.

27 mar

Nota

The current profit of gold short order is 14 points

27 mar

Trade chiuso: obiettivo raggiunto

We are placing a short gold position near 3053 and have reached the take profit position.

27 mar

Nota

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