The gold K-line deviates far from the moving average, which is abnormal, and the K-line will inevitably return to the 50-day moving average.

Gold is still a bit stagnant, and it still cannot reach the all-time high.


Trading idea: short gold near 2681, stop loss 2690, target 2660



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If you often lose money trading gold, you can click on the link below my article, where I will share 1-2 free trading signals every day
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Gold is currently a bit stagnant and still cannot reach a new historical high
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Gold 5-minute chart fell slightly
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Our short position is making a small profit
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Very good, gold is still falling
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Now, is your short position profitable?
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Our profits from gold short orders continue to expand
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What do you think about my analysis? If you think it is good, you can click the link below my article to see more ideas that may benefit your trading.
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I think gold still has room to go lower
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Currently our gold short order has a profit of 5 points
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Nice, our profits from gold short orders continue to expand.
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In trading, it is inevitable that you need to rely on luck in some places and times, but in the long run, good luck and bad luck will offset each other. If you want to be sustainable in the long term, you must rely on skills and the application of good principles.
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You can still short gold on rallies
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Gold rose again after a wave of decline, but the rise was still weak
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Gold rebounded to around 2681 and then started to fall again
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The gold 5-minute chart shows a rapid decline
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