How to trade XAUUSD during severe volatility?

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Guld / USA-dollar (FOREXCOM:XAUUSD)

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FOREXCOM:XAUUSD Guld / USA-dollar

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Today's release of the US ADP data has once again been bullish for gold, pushing it higher. In the short term, gold has held steady above the 2000 level, but the struggle between bulls and bears remains intense. Currently, the market is operating within the range of 2010-2030, with a stronger upward momentum for the bulls, but there is resistance at 2030. As I have analyzed before, there will be inertia in the upward trend today, but chasing long positions is obviously irrational. I suggest trying to lay out short positions at key resistance levels.

Personal trading recommendation: Enter short positions near 2030 and focus on the target of 2010-2000. If your current trading is not ideal, please contact me in time, and I will provide you with the most accurate strategy.

Regardless of whether you are currently making a profit or loss, as long as you follow my signals to trade, your account can double within a week.

Handel aktiv:

TP1:2010

Handel aktiv:

short again profit

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