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CFDs on Gold (US$ / OZ)
Short
Updated

Will gold continue to hit new highs? Or a callback?

564


Gold continues to rise in Asian markets. Continuing to the London market. The current price of gold remains at 2261. Combined with the high point ahead, visual inspection shows a double top trend. This is not a good trading position at the moment. Focus on paying attention first. If it breaks through the previous high point and fails to stabilize later, you can sell gold at a high price.

https://www.tradingview.website/x/uNoEZmyj/
Trade active
After reaching tp, you can take advantage of the trend and buy gold at a lower price. The location of tp2267
Trade active
It's indeed the same trend as I expected. The market's short-term support is at 2254-2255, and it is still in a bullish trend.
Trade active
There is a certain amount of pressure at the 2164 position.
Trade active
Today, stage trading was carried out while maintaining a narrow range of fluctuations, and the overall profit is still very optimistic.
Note
2263 is still a short-term pressure level. In the short term, sell around this position, tp2257-2254
Trade active
2274-2276 Add more sell orders. TP is set at 2267
Trade closed: target reached
After reaching the target position, suspend trading and wait for the market to give a clear direction before trading.
Trade active
The double top structure still exists. Today's trading stage is very profitable, are you the same?
Trade active
Another great start to the day. Are you ready to follow a precise trading plan? in the case of. Scroll down!

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