Escalating Middle East Tensions and Gold Trading Strategy

27 thg 10

Israel has launched an attack on Iran, but the missiles were intercepted by Iran's air defense system, resulting in minimal casualties. Interestingly, in the attacked areas, people stood on rooftops to watch the “fireworks,” which is quite a humorous image. The response from Iran regarding this attack will be important to monitor.

Regardless, the war continues, and for gold, another rise seems inevitable. After the market opens on Monday, I believe we can pursue the bullish trend. When the price approaches previous highs, we should close our long positions and begin selling, aiming for a small swing trade. If the price gets near MA20 and shows strong support, we can continue to buy; if not, we’ll consider buying again near MA60.

27 thg 10

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It seems that everyone has little confidence in the rise of gold. Most people think it will fall. What about you?

27 thg 10

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Great news! Gold has risen to 2738, and we have finally met our expectations! This rebound has truly lived up to everyone's hopes, and I look forward to smooth trading ahead

28 thg 10

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I told my old friends 2 hours ago to sell in the range of 2739-2746. Now, the price has reached this range, and we've closed our buys and started selling. Did you see this signal?

28 thg 10

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The pace of making money has never stopped

28 thg 10

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Are there any friends like me who hold a sell order and wait for 3 hours?