Gold trading recommendations today
Updated
Gold's current rebound is in place, and it will continue to fall in the future. 1930 will be directly short, bearish!
It can be seen from the gold 4-hour level that after this rebound hit the suppression of the long-term moving average, it encountered resistance and called back! Before the pressure of 1935 broke through, the short trend of gold remained unchanged! The market rose again yesterday, but failed to break through a new high, indicating that this rebound has ended!
The pressure of 1935 is short, and it can be directly short around 1930! The support below is the short-term moving average 1917 position. If this position falls directly below, it means that the short market continues! Take advantage of the trend and go short!
Trading straregy:
gold: sell@1930 tp1:1917 tp2:1910
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
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