Gold is shorted to make a profit, the decline will continue!
Updated
https://www.tradingview.com/x/ldOoVqn9/
If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the fire. If you go with the trend, you will be light and airy; if you go against the trend, you will be chaotic. Ride the wind and waves with me and dance with victory.
In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was expected to rebound to around 2340 in early trading. Gold fell directly to 2335, hitting a new low below 2300. Gold rebounded to around 2313 and was directly shorted.
Gold's 4-hour double top continues to suppress gold prices. The gold top structure has formed. The 1-hour moving average of gold continues to open downward, and the short positions are arranged. Gold's rebound gives us the opportunity to go short. Gold has no room to rise, so I suggest that if gold rebounds to around 2312, it can continue to be short.
European market operation ideas:
Short gold at 2312, stop loss at 2321, target 2295-2290;
If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the fire. If you go with the trend, you will be light and airy; if you go against the trend, you will be chaotic. Ride the wind and waves with me and dance with victory.
In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was expected to rebound to around 2340 in early trading. Gold fell directly to 2335, hitting a new low below 2300. Gold rebounded to around 2313 and was directly shorted.
Gold's 4-hour double top continues to suppress gold prices. The gold top structure has formed. The 1-hour moving average of gold continues to open downward, and the short positions are arranged. Gold's rebound gives us the opportunity to go short. Gold has no room to rise, so I suggest that if gold rebounds to around 2312, it can continue to be short.
European market operation ideas:
Short gold at 2312, stop loss at 2321, target 2295-2290;
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It is about to reach the rebound position, everyone can start preparing to buyTrade active
Gold began to fall as expected, and of course profits began to beckon us.Trade active
The next task is to wait for take profitTrade active
After getting the profit, you can continue to go short on the rebound.Trade closed: target reached
Perfectly wonTrade active
Correction is another opportunity to go shortTrade active
Trust my analysis, because I am the best, hahaTrade active
Today’s signal is 100% accurate and the profit has been madeTrade active
Very satisfied with today's transaction
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