Gold long and short repeated operation

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📌 Negative driving factors

Gold prices fell below $3,320/ounce on Thursday as the US-UK trade agreement improved risk appetite. Gold fell nearly 4% in two days as the US-UK agreement boosted risk appetite and demand for the US dollar.

📊Comment analysis

Gold fell directly at the opening of the Asian session today, and did not provide a good position for short selling. However, it rebounded and rose later, regaining its footing at 3,330. The short-term price fluctuated between long and short.

💰Strategy Package

🔥Sell Gold Zone: 3351-3353 SL 3358
TP1: $3340
TP2: $3330
TP3: $3320

🔥Buy Gold Zone: $3232 - $3234 SL $3227
TP1: $3245
TP2: $3260
TP3: $3270

⭐️ Note: Labaron hopes that traders can properly manage their funds

- Choose the number of lots that matches your funds

- Profit is 4-7% of the capital account

- Stop loss is 1-3% of the capital account

Penafian

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