Can we continue shorting gold today?

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The gold market has been ups and downs in the past two days, with wide fluctuations. There is no sustained large unilateral market. These two days are not suitable for chasing unilateral trends. However, gold is covered by dark clouds at high levels, and gold can still be shorted at high levels.


For today's gold, you can go long first, and then go short near the pressure level. Gold can go long near 2414.Gold’s pressure is around 2430

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Gold can be bought on dips

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If you can’t grasp the points for opening and closing positions, you can click on the link below my article, where I will share my trading ideas for your reference every day.

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The stop loss position of gold is 2404. When trading, you must set a stop profit and stop loss.

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The 1-hour moving average of gold has formed a dead cross, so the downward space for gold will continue to open up. There is still room for gold to go downward, but the strength of gold’s rise is still relatively limited.

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Gold can be shorted around 2408

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Gold short positions are making profits

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Gold 5-minute chart falls rapidly

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Congratulations to my friends who have followed me, all your short orders have been profitable.

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Bình luận

If you can’t grasp the points for opening and closing positions, you can click on the link below my article, where I will share my trading ideas for your reference every day.