gold strategy 2175 sell directly
Updated
Gold rebounded again and fell back. The gold bulls are not strong. The 1-hour moving average is still in the bearish shape. Gold rebounded twice to around 2180 and then began to fall, indicating that there are many resistances above. If the weak shock is weak, let’s continue to test the low 2160 area and break the level to 2150. , continue to focus on the 2183 area above. If gold effectively stands above 2180, further focus on the 2193 area!
The strength and weakness are divided in the area around 2173. It continues to fall back around 2173 and goes lower. Continue to pay attention to the 2160 area to break through and look at 2150. Gold will still mainly fluctuate on the rebound at 2175. It is normal for the range to go back and forth.
gold:sell2175-2180
tp:2170-2165
sl:2188
Note
The resistance point of 2180 has been broken, will it continue to rise?Note
It has now reached the resistance level of 2193. Although the market continues to rebound upward, the main funds of the short sellers are still in a state of control, and the main force of the bulls is not strong enough. This rebound should be a bull-inducing action, except for emergencies. If nothing else, the market will reverse. It is more likely that the high will fall backNote
Gold has still shot up and fallen back, you can still sell at the high point
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