Short

Still holding short positions, 2630 is not the end!

Updated

So far, I still insist on holding short positions and executing mid-term trading as planned. So far, the lowest price of gold has reached around 2630. Although it has rebounded and returned to around 2640. But it is obvious that the high point of gold rebound is gradually decreasing, and as gold continues to fall below 2650 and 2640, it also means that the adjustment cycle has been prolonged to a certain extent. So it is obvious that gold has not completely stabilized and is expected to continue to pull back.

So 2630 is not the end point, gold is expected to continue to fall, and it is very likely to retest around 2600 again, and it may even fail to hold 2600 and have to test around 2580. So I still stick to the mid-term trading plan, short gold, and wait for the fruits of victory!

Bros, let's wait and see!

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2630 is not the end point, gold is expected to continue to fall, and it is very likely to retest the 2600 position again, and it may not even be able to hold 2600, and will try to test the 2580 position. So I still stick to the mid-term trading plan, short gold, and wait for the fruits of victory!

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Although gold rebounded to around 2642, it still fell below 2630 again as I expected, and gold will continue to fall.

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Gold has tried to rebound many times but has fallen back under pressure. The resistance area is gradually moving downwards, which will continue to stimulate gold's decline at the technical level.

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If gold closes below 2640 today, there will be another low for gold

alongwineer

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