Gold: Calm Market Expected: Focus on Short Positions
https://www.tradingview.com/x/oWaDzHZG/
Yesterday's trades were very successful. I bought at 2552 and closed at 2578, then sold at 2588 and closed at 2572, resulting in solid profits.
It's Friday, and with no significant news scheduled for release—aside from uncontrollable events like natural disasters—the market should remain calm today. A $20 range would already be considerable movement.
An upward move is unlikely. On a day like this, relying purely on technical patterns, a breakout above 2600 is a pipe dream. Instead, the probability of dropping to 2572 is much higher.
So, the strategy for today is to focus on selling. There's no need to consider bullish trades.
Yesterday's trades were very successful. I bought at 2552 and closed at 2578, then sold at 2588 and closed at 2572, resulting in solid profits.
It's Friday, and with no significant news scheduled for release—aside from uncontrollable events like natural disasters—the market should remain calm today. A $20 range would already be considerable movement.
An upward move is unlikely. On a day like this, relying purely on technical patterns, a breakout above 2600 is a pipe dream. Instead, the probability of dropping to 2572 is much higher.
So, the strategy for today is to focus on selling. There's no need to consider bullish trades.
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