Gold morning current price of 2952 is directly short!
After falling to 2930 last night, gold rose again in the second half of the night. Overall, gold is still a volatile market, and long and short positions are becoming increasingly intense. It is also a critical moment for long and short positions. Don't chase long after the high level of gold in the morning session. The probability of continuing to fluctuate and rise and fall is still relatively high. The current price of gold in the morning session is 2952, which is directly short!
Gold is a volatile market in just one hour, so don't easily chase after it at high levels now. If you want to buy more, you have to wait until it rebounds to the bottom of the volatile market. Recently, highs have been rising and falling, even if they break through new highs, they are still rising and falling. Gold's high of 2956 today is under pressure and continues to be bearish. Gold morning session 2952 can be left empty for now.
The current market rhythm is like this, since it is volatile, then we are short at high levels. Although the gold bulls have reached a new high, they have not continued their unilateral strong trend. It does not necessarily mean that bulls are dominant, and there is still a great opportunity for gold bears.
Morning trading strategy:
Gold 2952 short, stop loss 2962. Target 2930-2920;
Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.
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