Gold rebounded weakly and started shorting when it hit around 23
Updated
https://www.tradingview.com/x/PqUUY1tr/
The trend of the one-hour chart of gold in the early trading session began to turn around. The rapid decline in the early trading session indicated that the rebound trend has basically come to an end. Then, if gold fluctuates and adjusts slightly, it will continue to fall. Our operation ideas today will also turn to rebounding high and high. The upper pressure level is still the key turning point pressure level of 2315!
At present, the market has experienced a night of high-level fluctuations. At present, the bullish momentum is exhausted, but during the period of shock adjustment, the upper moving average pressure level has only been lowered to 2328. At present, it still maintains a large deviation from the gold price. It is expected that the market will not fall directly in the early trading session, and the market will maintain the existing shock trend! The market rises and falls are not all-inclusive every time. Stick to your position, have determination, and you will definitely be able to withstand temptation! So in the early trading session, you can wait for the gold rebound to reach the key pressure level of 2315 before shorting! The first target of the decline will be the 2300 mark!
Specific strategy
Gold 2315 short, stop loss 2323, target 2300
The trend of the one-hour chart of gold in the early trading session began to turn around. The rapid decline in the early trading session indicated that the rebound trend has basically come to an end. Then, if gold fluctuates and adjusts slightly, it will continue to fall. Our operation ideas today will also turn to rebounding high and high. The upper pressure level is still the key turning point pressure level of 2315!
At present, the market has experienced a night of high-level fluctuations. At present, the bullish momentum is exhausted, but during the period of shock adjustment, the upper moving average pressure level has only been lowered to 2328. At present, it still maintains a large deviation from the gold price. It is expected that the market will not fall directly in the early trading session, and the market will maintain the existing shock trend! The market rises and falls are not all-inclusive every time. Stick to your position, have determination, and you will definitely be able to withstand temptation! So in the early trading session, you can wait for the gold rebound to reach the key pressure level of 2315 before shorting! The first target of the decline will be the 2300 mark!
Specific strategy
Gold 2315 short, stop loss 2323, target 2300
Trade active
During the gold rebound, we just need to waitTrade active
Gold rebound repair can not change the bearish trend
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