Gold may hit the 2040-2050 zone again

Dear friends, gold is currently trading near the 2029 position. Although the current overall trend of gold is still biased towards the short trend, for the short term, gold has consumed too much short energy near the 2030 position, so the current downward trend of gold has If the trend slows down, then gold may continue to rebound upward with the support of the 2030-2028 area.

Therefore, gold is currently in the 2030-2028 area. In the short term, we cannot aggressively chase gold short. On the contrary, we can consider going long gold appropriately to gain profits from gold rebound.

So at present, I do not recommend continuing to chase short gold. On the contrary, we can consider trying to go long gold. I share detailed trading ideas and trading strategies every day. The gears of destiny are turning. I hope that with my help, we can all make continuous profits in the market! And you can follow the address details at the bottom of the article to get detailed trading signals, trading lots, TP and SL.

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Add positions in the 2026-2025 area and continue to be long gold

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We wait patiently for gold to rebound to the 2034 position

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At present, the 2022-2020 area still has a certain supporting effect on gold, and Fed officials will also speak later.

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Gold is close to channel bottom support, gold is about to rebound

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Continue to go long on gold in 2022. At present, gold has touched the bottom support of the channel, and gold will usher in a short-term local rebound.

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I closed all orders at 2030 and locked in profits in time

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Gold is currently rebounding above 2030, but gold is struggling during the rebound. The overall trend is still biased towards the short side, so in short-term trading, we can choose to short gold in the 2033-2035 area.