Gold 2594 continues to hold high, and the long position will continue until the end
Important thing to say three times, last night the Federal Reserve cut interest rates by 25 basis points, which was predicted. Theoretically, it was bullish for gold, but in reality, the trend plummeted directly. The market has already digested this wave of decline, and now we are looking for a rebound. Today, we will continue to look for a rebound. After the sharp decline, there will inevitably be a rebound
All technical indicators of gold are bullish signals, but the actual trend is bound to rise? This is definitely not the case. This is the skill of the market maker, who makes the technical aspect perfect. When gold rises again, it must plummet before the rise, and eventually all long and short positions will be harvested. If you go short today, weigh it yourself and buy too much directly at 2594
Investment strategy: Short selling of gold 2594, stop loss 2582, target 2650
Disclaimer: Investment carries risks, caution is required when entering the market
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