Brothers, today is Monday, and gold continues to rise to around 2455. In fact, according to the current gold structure, gold is indeed in a bullish structure, but the gold price is still in a slow rise rhythm in the overall rise process, and it is not very firm. So at this time, there is no need for us to continue chasing gold. https://www.tradingview.com/x/n7T8Ie3L/
To be honest, this round of gold rebound is indeed a little beyond my expectations, but according to the current rhythm, we can basically see its top position area, and it should only rebound to the 2470-2475 area at most, and it may not even reach this area. Therefore, when gold shows a rising and short-squeezing trend, short-term pressure may fall at any time.
So in terms of trading, we don’t need to follow the trend to go long on gold for the time being. On the contrary, we should now focus on shorting gold. Walk ahead of most people and make more profits!
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Trade attivo
Gold can only accumulate more momentum after falling back, and there is a need for gold to fall back in the short term.
Trade attivo
Gold has already reached a high of around 2466, which is close to the target area of 2470-2475. We can start shorting gold.
Trade attivo
Trade attivo
Gold hit the 2370-2375 area as expected and formed a parabolic trajectory, directly shorting gold
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