XAUUSD: Holding Short Positions Over the Weekend
After rising to around 2704, gold prices have retraced, and the resistance remains strong, causing the price to fluctuate near the support level. Market sentiment remains cautious, making it difficult to form a clear trend in the short term. If you prefer not to hold positions over the weekend, it's recommended to close your positions before the market closes.
If you choose to hold positions over the weekend, I would personally suggest considering holding short positions before the market closes. Given the current market weakness, gold prices may face further downward pressure.
For those with less favorable account conditions, it's advisable to set stop-loss orders (SL) to effectively manage risk. Unpredictable news or events over the weekend can cause unexpected volatility, and having a stop-loss in place will help prevent significant losses from sudden market movements.
If you choose to hold positions over the weekend, I would personally suggest considering holding short positions before the market closes. Given the current market weakness, gold prices may face further downward pressure.
For those with less favorable account conditions, it's advisable to set stop-loss orders (SL) to effectively manage risk. Unpredictable news or events over the weekend can cause unexpected volatility, and having a stop-loss in place will help prevent significant losses from sudden market movements.
Transaction en cours
Gold has dropped significantly! Last week, I advised everyone to hold their short positions over the weekend, and now we’re seeing substantial profits. Congratulations to all who followed the strategy signals—you’ve just secured your first big win of the week!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.