Gold Spot / U.S. Dollar
Short
Updated

Gold fell sharply as expected, wait for rebound and sell again

Yesterday we did 2337 Sell again, and the two TPs we set up have reached the target. Today we are ready to continue Sell.

Recently we have been saying that gold is just rebounding, the market has not reversed, and the short market has continued. Gold has fallen sharply, breaking the recent shock, and gold has continued to be short after rebounding in the US market.

Gold's 4-hour moving average continues to cross downwards, and there is no intention of merging, indicating that there is still a lot of room for gold shorts. Gold's U.S. market continues to be short, and the double top suppresses gold's rise. Moreover, gold fell below the 2320 area support, and the U.S. market rebounded. Just continue to be empty near 2320.
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