Gold has fallen below 2300, and it will be short if the market r
Updated
https://www.tradingview.com/x/X89g6aN0/
After gold adjusted to a high level for a long time, the gold price fell below the 2300 mark last night, and also fell below the key low support level of 2291. Gold's new downward wave has emerged, and at the same time, short sellers have entered a new range! In other words, there will be a big change in the recent operating ideas, and a short rebound will be the only feasible strategy!
The one-hour line continues to fall. For short-term layout, you can refer to the long-short conversion level of the 2291 low point. If it rebounds again and reaches 2291, you can go short! At the same time, we should also focus on the repair level of the upper moving average pressure. Currently, the first moving average pressure is at the 2311 line. If the deviation is large, it will not be used as a reference for layout, but it can still be used as a reference indicator for the strength of the long and short market! Don’t worry if the gold price returns above the moving average in the near future. As long as it doesn’t break through 2352 again, we will treat it with a short-term approach!
specific strategies
Gold is short at 2291, stop loss is 2299, target is 2270
After gold adjusted to a high level for a long time, the gold price fell below the 2300 mark last night, and also fell below the key low support level of 2291. Gold's new downward wave has emerged, and at the same time, short sellers have entered a new range! In other words, there will be a big change in the recent operating ideas, and a short rebound will be the only feasible strategy!
The one-hour line continues to fall. For short-term layout, you can refer to the long-short conversion level of the 2291 low point. If it rebounds again and reaches 2291, you can go short! At the same time, we should also focus on the repair level of the upper moving average pressure. Currently, the first moving average pressure is at the 2311 line. If the deviation is large, it will not be used as a reference for layout, but it can still be used as a reference indicator for the strength of the long and short market! Don’t worry if the gold price returns above the moving average in the near future. As long as it doesn’t break through 2352 again, we will treat it with a short-term approach!
specific strategies
Gold is short at 2291, stop loss is 2299, target is 2270
Trade active
Gold's downtrend has formedTrade active
We've seen profitsTrade active
Today is another day of harvestTrade active
Gold is still bearish after adjustmentTrade active
We are getting closer and closer to our 2270 take-profit target, I’m looking forward to itTrade active
After a short adjustment, we still look at 2270Trade active
Gold fell sharply and cashed in, continuing to look at 2270 during the dayThe public thinking at the beginning of the week was that the gold price was clearly on the verge of collapse and breaking support. The price perfectly reached 2320 and fell below the 2320 first-line target in just two trading days. Now the daily K is arranged as a short harami, and the short position is basically formed. It is expected to continue to fall during the day. The upper part suppresses the support and switches to focus on reaching the direct short position near 2303. The lower part continues to look at this week's target of 2270 line!
Trade active
We will continue to hold short orders and wait for the take profit position of 2270Trade active
The bearish trend remains unchangedTrade active
It will definitely arrive at 2270 tonight
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