Last week we made a good profit on gold trading and look forward to continuing to make more profits this week.
This is the 4h chart of gold. I have observed its MACD and the arrangement of the moving averages. It is beneficial for short positions, so in the overall trading next week, I plan to focus on short selling, as long as the resistance level 2026-2038 is not broken, The probability of short selling to make money is very high. For the target below, we refer to the previous support, which are 1998, 1992, 1987, and 1978. When it falls below 1970, our short target can be at 1959. This is a relatively distant target. It takes a process to achieve it, and the market is changing at any time. Our strategy also needs to be adjusted according to its changes.
Trading Signals:
sell: 2011-2023
tp:1985-1959
sl:2027
buy: 1992-1985
tp:1998-2003
sl:1979
This is a trading strategy for a large range. Specifically, I will adjust it according to market changes. Starting tomorrow, our trading will be carried out in the range of 1959-2023, and we look forward to making satisfactory profits.
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
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Gold is now testing the support of 2014, bears are still making money, we need to be careful with the 4h chart, if it forms a golden cross, gold will break through the resistance of 2026
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I closed the 2018 gold short order
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We traded short gold again
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We've made a little money on the short and haven't closed it yet, I'm hoping it breaks the 2010 support and goes lower
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This great trading signal is slowly getting done
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Now, our longs are making money
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It's insane and completes our ultimate goal of the week 1959!!!!