The idea of shorting gold remains unchanged, and the decline i
Gold is weak overall during the day. So far, the highest rebound of gold is 2333. It may be difficult to get a good short position in the short term. You can consider shorting around 2330 at night, and stop loss at 2339.
Technically, the weekly line fell under pressure at 2449, and closed with a big negative. The rebound last week was fruitless, and the weekly line closed with a negative again. The rhythm of the decline is good, and the daily line rebounded after three consecutive positives, and then returned to the decline again. In the short term, the trend of two negatives and positives will be completed. The downward trend will continue. Pay attention to the support near 2294-2300 below. This position may be an important support position this week. The idea is to operate at a high altitude. Pay attention to the suppression near 2330-3 in the evening rebound.
Gold evening trading: short near 2330, loss 2339, profit 2307/2300
Сделка активна:
Bearish thinking remains unchanged
