Gold rebounded yesterday, weak, near 1294 short.
Gold rebounded yesterday, unable to reach a peak of only 1313. Already broke the downward trend line, according to the truth could step back to the trend line to continue to do more, the market return to the trend line below the rebound, so that before the rebound is just a false break, can be considered to continue selling. At the same time, 4 hours MACD column continuously decline, fast line through the slow line, RSI index has been below the market, below the rising trend line. Can be 1294 short price, stop 1301, the target to see 1272. Do not worry, you can wait for the market smoothly, fell below 1288 and then enter the market.
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