Gold rebound is weak, continue to short
Updated
Gold has been falling all the way, with no rebound strength. It seems that gold bulls are still helpless. Every time gold rises, it can be suppressed by bears. Gold is still dominated by bears. Gold rebounds in the US market and continues to be short.
Gold's 4-hour moving average continues to cross downward. The 4-hour big negative line of gold reverses the previous rise, and there is basically no rebound strength. The market is weak, and the resistance of the gold moving average is now at 2341. Moreover, gold has also fallen below the starting point of the US market last night. It has begun to weaken. The US market rebound continues to go short at highs.
Gold's 4-hour moving average continues to cross downward. The 4-hour big negative line of gold reverses the previous rise, and there is basically no rebound strength. The market is weak, and the resistance of the gold moving average is now at 2341. Moreover, gold has also fallen below the starting point of the US market last night. It has begun to weaken. The US market rebound continues to go short at highs.
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Today, gold continues to be short-selling, 2300-2305 short orders are entered, and the 2280 area is concerned belowTrade active
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It is recommended to treat gold with a volatile mindset today. The upper pressure is at $2,314. A break above this level may lead to a short-term rebound. Continue to pay attention to $2,328. The lower support is at $2,297. A loss here may increase the short-term decline. Continue to pay attention to $2,286 and $2,277.Trade active
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Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
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Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
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