Gold will definitely test the 2000 mark again,keep shorting goldDear friends, after touching the channel pressure near the 2036 position today, gold fell again under pressure. The current lowest has touched the 2011 position, and is currently testing the support strength of the triangle channel. In recent days, I have been reminding everyone in my articles that gold is under short-term pressure from the triangle channel resistance. In recent days, we have been repeatedly shorting gold around the 2030-2032 area in our transactions, and we have made very good profits in our transactions.
Gold is currently testing the channel support area near 2011-2009. If gold falls below this area, then gold will definitely test the 2000 integer mark again. Therefore, for the next trading rhythm, since gold has fallen below the level and the short trend is obvious, then there will be a certain continuation in the later period, so in terms of trading, we mainly focus on shorting gold after the rebound.
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