- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Popular Analysis
Nvidia Q1 Revenue Surges 85%, Data Center Business Accounts for 90%, Blowout Results Fail to Stop Stock Volatility
1779357313
Nvidia Earnings Approach: Can It Drive a Nasdaq Rebound? What Should Investors Watch Most?
1779273236
AI Boom Lifts US Stocks, Strategist Sees S&P Breaking 10,000 in Three Years, How Much Longer Can This Rally Last?
1778580536
Popular Analysis
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Beginners
Long position VS. short position: Which one is better?
In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
How to Choose an Online Trading Platform
Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
What is Leverage in Financial Trading?
Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.
Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
2021
Best News & Analysis Provider
FxDailyInfo
2022
Best Forex Educational Resources Global
International Business Magazine
Gold Intraday: under pressure.
Gold (XAU/USD)
-37.83-0.83%
short positions below 4561 with targets at 4510 & 4490 in extension.
Pivot: 4561
Our preference: short positions below 4561 with targets at 4510 & 4490 in extension.
Alternative scenario: above 4561 look for further upside with 4577 & 4589 as targets.
Comment: as long as the resistance at 4561 is not surpassed, the risk of the break below 4510 remains high.
Supports and resistances:
4589 *
4577 ***
4561 ***
4529 Last
4510 **
4490 ***
4475 ***
Our preference: short positions below 4561 with targets at 4510 & 4490 in extension.
Alternative scenario: above 4561 look for further upside with 4577 & 4589 as targets.
Comment: as long as the resistance at 4561 is not surpassed, the risk of the break below 4510 remains high.
Supports and resistances:
4589 *
4577 ***
4561 ***
4529 Last
4510 **
4490 ***
4475 ***
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
