After breaking through its recent high yesterday, gold prices continued their upward trend on Tuesday, reaching a new high. The intraday rally briefly approached the 3700 mark. However, due to pressure from this mark, gold temporarily entered a period of volatile correction.
Prior to Thursday's Federal Reserve interest rate decision, short-term trading is the primary focus. With gold prices hitting new highs for two consecutive trading days, the possibility of a brief profit-taking dip cannot be ruled out. Furthermore, the bullish trend in short-term technical indicators is weakening. I plan to initiate a short position around 3695. If you already have a short position, you can add to it. We anticipate a small downward correction.
Gold Trading Strategy:
Initiate a short position at 3697. If you already have a short position at a lower level, add to it to lower the average price.
Interaction:
For those holding short positions around 3650, please leave a comment. I'll respond based on the price action and help you turn a loss into a profit.
XAUUSD XAUUSD GOLD
Prior to Thursday's Federal Reserve interest rate decision, short-term trading is the primary focus. With gold prices hitting new highs for two consecutive trading days, the possibility of a brief profit-taking dip cannot be ruled out. Furthermore, the bullish trend in short-term technical indicators is weakening. I plan to initiate a short position around 3695. If you already have a short position, you can add to it. We anticipate a small downward correction.
Gold Trading Strategy:
Initiate a short position at 3697. If you already have a short position at a lower level, add to it to lower the average price.
Interaction:
For those holding short positions around 3650, please leave a comment. I'll respond based on the price action and help you turn a loss into a profit.
XAUUSD XAUUSD GOLD Not
Thanks for reading! Please leave a comment and give me a like. I'll analyze and respond to your content. To keep up-to-date on market trends and get exclusive trading strategies, please follow me. Your support is the driving force behind my continued output of hardcore content!İşlem aktif
Holders of gold short orders at 3697 points are ready to cheerNot
3697 Friends who followed me to open short positions, cheer! Gold has started to fall.İşlem kapandı: hedefe ulaştı
The gold short order bought at 3697 points has already achieved profit once, and gold has once again reached the price for opening a short order. A short order can still be opened at 3695 points.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.