The long position I just suggested exited at 4390. Just after I released the long strategy, the gold price started weakening—what perfect timing that turned out to be.
Since the market is weakening now, I'll follow the trend and go short first. Wait for the gold price to reach around 4330 below before entering long again. The support at 4300 below remains effective.
Short near 4387, target is 4330. Enter long directly around 4330, target remains at 4500
Gold, enter long at 4330
The long position I just suggested exited at 4390. Just after I released the long strategy, the gold price started weakening—what perfect timing that turned out to be.
Since the market is weakening now, I'll follow the trend and go short first. Wait for the gold price to reach around 4330 below before entering long again. The support at 4300 below remains effective.
Short near 4387, target is 4330. Enter long directly around 4330, target remains at 4500