Gold has little fluctuation during the day. Gold will make a big debut tonight on small non-agricultural issues and the Fed's interest rate decision. Gold seems to be waiting for the arrival of data. Gold's current weak pattern has not changed. It still rebounds and continues to be short. The data fluctuates slightly at night. , the U.S. market and other rebounds at the 2300 mark continue to be bearish.
Gold's 4-hour double top structure breaks and continues to suppress gold's rise. Gold's 4-hour moving average is still arranged into a dead cross for short positions, and the opening is gradually widening. Gold is now focusing on the resistance of the 2300 mark and continues to be short under pressure. US market data rebounded near 2300 and continues to be short.
Go with the trend, the trend is king, the short trend is not over yet, the decline will not end, and the rebound will continue to give short selling opportunities.
U.S. market operation ideas:
Gold is short at 2300, stop loss at 2310, target 2280-2275;
If you like my analysis, please let me know
Trade active
Golden entry opportunities are coming soon
Trade active
The gold is already near the predetermined location
Trade active
Gold starts to fall
Trade active
After we removed our stop loss, gold started to fall
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.