The fluctuations of gold have begun to decrease again in the past two days. Today, gold fluctuated slightly and was as calm as water. Gold did not hit another high after rising yesterday. The short-term rise has begun to weaken. The current price of gold is 1978 and we are directly short!
Gold's 1-hour moving average has begun to turn, and has fallen below the short-term moving average without quickly pulling back. Gold is now in a triangle convergence form. Now that the market has reached the end of the triangle, it indicates that the market is about to break out. Is it an upward breakthrough or an upward trend? A downward breakthrough will trigger a big market move. Gold's rise has begun to weaken, and the current price is 1978.
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Short position has won 6 times in a row and is ready to plummet
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