Gold is still in a downward trend, but from a technical point of view, it has already stopped falling yesterday, and all RSI indicators in each cycle are oversold.So I think there is still room for a rebound today.
Today I bought below 1820 and all made a profit, but today the risk has increased.
However, the technical indicators are still oversold, so the range we choose now should be reduced. Below 1815, we can buy in small batches.
Because it is a downtrend, it is necessary to strictly stop loss.
Now the space for gold is getting smaller and smaller. If you have very little funds, you can wait for gold to choose the direction before trading.
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Yesterday's strategy is still profitable today
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Today is exactly the same as I predicted
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If you reach above 1875 today, you can try to place a short order, or you start near 1865 and get ready to gradually increase your position.
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Pay attention to the resistance level of 1875-1880
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You can sell in batches of small positions above 1880
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Following my strategy yesterday, you must have made a profit
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The conflict of war rises