Gold rebounded on a big non-agricultural profit on Friday, but it did not break through the key pressure of 1935. It is still a bearish downward trend. The pressure position continues to be short, bearish!
Although gold is currently undergoing a shock rebound, it has not broken through the suppression of the 4-hour long-term moving average! Gold has also pierced the moving average before, but in the end it did not stand firm, but continued to return to the downward trend! The current trend is also the same. After the piercing on Friday, it fell back quickly, and the pressure is still there!
Continue to short the pressure position! Moreover, there are three major peaks on the golden monthly line, and the daily line fluctuates downward. Before there is a turn-around signal, continue to follow the trend to the end!
Trading straregy:
gold: sell@1935 tp1:1920 tp2:1900
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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