Summary of gold next week: 2600-2660
1: When the whole world knew that 2620 was the bottom, everyone’s stop loss was placed here, so it fell directly to 2614 last Friday, and the Asian session was crazy about buying gold near 2620.
As a result, a large number of traders were robbed
2: When the technical school of the world believed that 2620-2660 was a range of fluctuations, everyone’s stop loss was placed near 2660, so the Asian session continued to rise from Monday to Wednesday.
As a result, a large number of traders were robbed again
3: When the technical school of the world believed that 2720 was the final top, everyone’s stop loss was placed near 2720, so 2726 came.
In the end, a large number of traders got nothing and lost all their chips
4: When the technical school of the world believed that the 2675-2700 range was the next range of fluctuations and 2660 was the average price of this wave of bullish trend, everyone placed the stop loss near 2650-2660. So on Friday, there was another complete decline, and the price reached 2646.
It completely defeated many technical traders.
But my team and I still survived.
Next, we will analyze the technical range of gold: 2600-2660.
I always firmly believe that gold will rise.
Although all this is full of various conspiracies, the trend is unstoppable.
Such drastic fluctuations have left many retail investors helpless in trading, greatly increasing the difficulty of trading.
But if we trade in a planned way, we can still get rich returns.
In fact, we did not do badly this week, and the yield still increased by 30%.
Here is my sharing:
1: Be prepared for the worst. If 2600 is the bottom, we should plan our positions based on it.
2: Reserve enough funds. What should we do if 2600 is broken?
3: If it breaks above 2660, I will still hold the bullish view of 2720-2750-2780-2800+
I will continue to go long on Monday.
As a result, a large number of traders were robbed
2: When the technical school of the world believed that 2620-2660 was a range of fluctuations, everyone’s stop loss was placed near 2660, so the Asian session continued to rise from Monday to Wednesday.
As a result, a large number of traders were robbed again
3: When the technical school of the world believed that 2720 was the final top, everyone’s stop loss was placed near 2720, so 2726 came.
In the end, a large number of traders got nothing and lost all their chips
4: When the technical school of the world believed that the 2675-2700 range was the next range of fluctuations and 2660 was the average price of this wave of bullish trend, everyone placed the stop loss near 2650-2660. So on Friday, there was another complete decline, and the price reached 2646.
It completely defeated many technical traders.
But my team and I still survived.
Next, we will analyze the technical range of gold: 2600-2660.
I always firmly believe that gold will rise.
Although all this is full of various conspiracies, the trend is unstoppable.
Such drastic fluctuations have left many retail investors helpless in trading, greatly increasing the difficulty of trading.
But if we trade in a planned way, we can still get rich returns.
In fact, we did not do badly this week, and the yield still increased by 30%.
Here is my sharing:
1: Be prepared for the worst. If 2600 is the bottom, we should plan our positions based on it.
2: Reserve enough funds. What should we do if 2600 is broken?
3: If it breaks above 2660, I will still hold the bullish view of 2720-2750-2780-2800+
I will continue to go long on Monday.
Penafian
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