Gold rebounds and shortsThis morning, gold rose to around 2642 and then fell back after being blocked. It once fell back to around 2618 in the European session and is currently trading around 2622;
The rhythm of the previous two trading days was that the price continued to rise in the morning and broke the high, then corrected, and then continued to rise and break the high. Today, it did not continue after breaking the high. It rose and fell back in the afternoon and broke the low point of 2632 in the morning, which added uncertainty to the rise of gold today;
From the technical indicators, the current 1-hour K-line short position is dead cross downward, the Bollinger opening has changed to downward, and the 4-hour moving average also slightly shows a fallback signal. Therefore, combined with the above signals, the rebound shorting is mainly used in the evening operation.