Gold short continues, rebound is short
Updated
Gold continued the recent downtrend. After rebounding from the pressure of 2021, the shorts once again released the gains and losses of testing the 2000 support point below. For gold operation, it is recommended to sell at 2012.50, stop loss at 2016.50, and target 2003~1993.
Although gold rebounded from the previous low of 2000, the bearish trend is still dominated by bearishness. The intraday pressure is 2012.5~2016.5, and the support is 2003~1993.
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