Yang Lang's Release: Midnight Gold is Long Short Ambiguous, Don't Confused Bulls Still in the Big Trend

dogoldDon't force anything, and don't go against the market or yourself. Just work hard and do it with all your heart. As the saying goes, good trading is like breathing, and your inhalation and exhalation are like entering and exiting. You must remain calm and relaxed, looking for opportunities that arise. Yang Lang often said that one must concentrate and be vigilant, detach oneself from the depths of adversity, be an observer, and wait for opportunities to come. Do not trade those vague market trends, nor force oneself to trade every band. There are always many opportunities that match your personality and ability to interpret the market. Seize them and ignore other opportunities that are not suitable for you, Don't fantasize about being an all-around trader who can trade in any market.

Midnight Gold Market Analysis:

From the perspective of investment trends, the rebound at the beginning of the week was hindered, and under pressure, it fell back. Currently, with the support of fundamentals, it has broken through the deadlock, breaking through the previous high point in one fell swoop, forming a bullish trend in the short term, and maintaining high consolidation. YesterdayKCollect the Dayang line and collect it at1260Above, the bullish performance is too strong, emphasizing the previous band that has been emphasized this time1296-1204Rebound61.8The location of the1261That is to say, if gold stabilizes at this position, it will further rise. Today, the overall white market is at1261Upward consolidation, in the late trading session, with positive unemployment benefits data, gold once again began to rise, extending the bullish trend. The hourly line is currently forming a consolidation band at a high level, which is currently constrained by the upward trend1268Short term resistance, the impact of evening unemployment benefits is not significant, and the short-term decline has slowed down and will not break through1252Suggest focusing on low and high, with attention from above1268-1272A line of resistance.

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Midnight Gold Trading Strategy:

1、1252-1256Long gold, stop loss1254, Objective1262-1263。
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2Suggest a rebound1270Nearby empty orders enter, stop loss4USD, target1258-1255frontline;


3、

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Gold empty order unwinding

1.1252-55Friends who are covered in the interval, the resistance above is1263Frontline, touching1263Replenishing short orders lowers the average price and leads to a pullback12557Reduce positions below and exit, to1255All outs, backhand long;

2.1247-1252For friends with short positions nearby, the positions being held are not small. It is estimated that if there is not enough funds, they will not be able to withstand the subsequent upward trend. Yang Lang suggests that if there is a pullback, they should lose first, and if there is no pullback, they should stop immediately. Gradually reduce their positions and exit the market. In the future, they can still seize more opportunities for a pullback and recover their losses!

3.If there are still1244-1445Friends with heavy short positions nearby, Yang Lang expects many friends with large funds to be unable to bear it at this time. In addition, short-term gold prices have risen significantly, and due to the current situation on the gold station1260The pressure level becomes support, so the longer you hold an empty single, the deeper it becomes!

Most investors have two fatal psychological weaknesses---Fear and greed. Why are there fears, repeated failures, unprincipled single stop losses, funds inadvertently becoming less and less due to countless stop losses, and even if they see it right, they dare not take action, hesitate, and are trapped in the wrong, afraid of making mistakes again! I dare not look at what I do right, but keep looking at what I do wrong. Why? Greed, greed is gambling. In the wrong direction, greed can only lead oneself into an infinite abyss.

writing/Yang Lang's release