Gold Trading Strategies Reference
Strategy 1: Go Sell when gold rebounds to around 2525-2528, stop loss 6 points, target around 2510-2500, break the position and look at the 2490 line
Strategy 2: Go Buy when gold pulls back to around 2487-2490 , stop loss 6 points, target around 2505-2515, and look at the 2525 line if the position is broken
️Strategy orders are divided into two positions at 1:2 or 1:3. The two positions shall not exceed 15% of the total position. A spare position shall be reserved. All positions shall not exceed 20% of the total position;
️Strategy orders change SL to the entry price when the profit is more than 3 US dollars. Unless otherwise notified, the original price shall not be re-entered;
️Strategy orders implement current price closing, unless there is a clear statement of pending orders or positions, the strategy is only valid for the day; overnight orders are prohibited;
️The trend of the gold market is changing rapidly, and trading strategies may also be adjusted in real time. Investors are advised to place orders cautiously and manage account funds and positions reasonably.