Gold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
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You can short near 2320
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The Bollinger Bands of gold are now horizontal, and the upper and lower rails are natural support and resistance. Therefore, the price of gold is also in a volatile trend, so we choose to go short.
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Gold trading requires strict stop-profit and stop-loss rules. If you are unable to judge, you can click on the link below my article and you can refer to the trading views inside.
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Gold short orders are making profit
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The fall in gold was expected by me
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For those who have insufficient trading ability, you can slowly stop profits
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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Gold short orders continue to expand profits
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Gold short orders make huge profits
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Arrive near target 2305
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Gold has rebounded in the short term, but it is still time to look for opportunities to short at high levels.
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Gold's 30-minute moving average is arranged in a dead cross, and gold's 30-minute moving average still fluctuates downward under the suppression of the downward trend line. Gold is still a bearish trend in the short term. Gold continues to be bearish, and gold’s rebound highs are gradually lowering.
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The pressure level of gold is around 2321, so you can go short on rallies below 2321
