Gold Spot / U.S. Dollar
Short
Updated

Gold's rebound may be short-lived, short selling above 2910

121
Brothers, the rebound of gold is not a reversal, and the European session continues to be bearish. Gold did not continue to be weak during the day, but rebounded all the way to around 2910. As I said in my previous post, the rebound of gold is due to the need for technical correction, so the rebound of gold bulls may be short-lived. Therefore, in the next short-term gold trading, we can pay attention to the upper 2910-2920 area for short selling and bearishness, and pay attention to the support of the 2890-2880 area below.

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Trade active
Brothers, from the perspective of short-term gold trading, it is difficult for gold to break through the 2920-2930 area above. Gold may still test the 2890 area after encountering resistance.

Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always believe that profit is the standard for measuring strength and seizing opportunities is the key to winning. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
Trade closed: target reached
Brothers, gold has begun to fall as we expected, and the lower target is the 2890-2880 area for support.

Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day and share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might as well consider taking a look at my profile.

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