Will gold hit a new record high again?

4月9日

Gold rose to the 3040-3050 area as expected. The tariff issue also stimulated the bullish sentiment in the gold market. The current price is not a good entry point for both long and short parties.

Another point that everyone must be more concerned about is whether gold will rise again and break through and set a new high! I think it is not easy to draw a conclusion at present, because there is still resistance in the 3060-3075 area above. Only if gold successfully breaks through this resistance area, then gold will have the possibility of continuing to rise and set a new high;

At present, the gold bull-bear dividing line is in the 3060-3070 area. When gold touches this area, we can start to try to short gold; the first focus below is the 3025-3015 support area. If gold falls back to this area first, we might as well try to go long gold again in small batches.

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4月9日

交易進行

Gold has reached the 3060-3070 area as expected. In this area, we can try to short gold with a light position.

4月9日

交易結束：目標達成

If you followed my trading strategy today and shorted gold at 3060-3070, and used the 3035-3025 area as support and went long gold around 3040, I believe you would have made considerable profits on both the long and short trades. Congratulations!

The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings