How to do short-term trading in gold, Brother Liang's tips make it easy

The core is just four words: buy quickly, sell quickly. Don't be greedy, don't hold on to losing positions, take profits and run. That’s the real way to secure your gains.

Many brothers ask, is it useful to look at trend lines for short-term trading?
Of course it is. Since it’s about quick in and out, focus on the short-term trend lines on the 1-minute or 5-minute charts. These two timeframes are best for capturing short-term fluctuations.

You don’t need many technical indicators, Bollinger Bands (BOLL) are the most effective. The upper, middle, and lower bands are quite simple to use:

When it hits the upper band, it’s a resistance level, consider shorting;
When it hits the lower band, it’s a support level, consider going long;
If the middle band is fluctuating, don’t rush to act, watch which way it breaks.

For small funds aiming for a reversal, the biggest fear is not knowing the direction. Follow Brother Liang, and you’ll avoid many detours in this circle.