Crazy gold has fallen again. Now in the 1h chart, MACD has formed a golden cross. In this week's sharp drop, the bulls have not shown a significant counterattack. There is a data today. I judge that they are likely to use this data to launch Counterattack, the probability of rising to 1990-2000 is very high, so I plan to be long gold today.
Trading Signals:
buy:1978-1970
tp:1988-1998
sl:1967
sell: 1998-2003
tp:1988-1979
sl:2009
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It was resisted in 1977, my long is still holding, at the same time, I traded short, its TP is set at 1969, because there are also long orders, so no SL is set
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There will be another 25m data release, I expect it to be beneficial to gold bulls, so now, I closed the short position and made a profit of $0.3 (1 lot profit 30)
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The market will fluctuate a lot later, I have no time to release my signal, let me tell you in advance, I am holding a long position in gold, TP1995, SL1969, if the judgment is correct, we will make a lot of money, if I am wrong, I will lose $9 , I will short
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TP1985-1995
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Unfortunately, I made a wrong judgment and lost $8 in one transaction. Fortunately, I made back the loss through short selling. Today, I made $10 (1K for 1 lot)