Gold insists on being bearish this week, gold has been falling all the way, and continues to be short today at 2045, reaching the target position perfectly.
Gold's 1-hour moving average continues to cross downwards and the short positions diverge. Gold continues to be bearish. Gold cannot hit a new high every time it rebounds. This is a typical bullish weakness. Non-agriculture will make a big debut tonight. The rebound will continue to go short on highs under the resistance of 2050. . Non-agricultural non-agricultural fluctuations are relatively large, so just continue to be short when it is close to 2050.
Operation idea:
Gold is short at 2050, stop loss at 2058, target 2035-2030;
Trade active
Already very close
Trade active
Once again, it perfectly reached the take-profit position I predicted.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.