XAUUSD: The rebound is about to end, prepare for 2390Sell
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Gold failed to break through 2400 yesterday and fell back after a surge. The daily closing line has not really been able to stand firmly above 2400, indicating that there are still many resistances above 2400 and the rebound continues to sell.
If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then gold may usher in a C-wave decline at any time, and there may be a large wave of room for decline. Gold rebounds to 2390 and continues to sell at a high level.
If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then gold may usher in a C-wave decline at any time, and there may be a large wave of room for decline. Gold rebounds to 2390 and continues to sell at a high level.
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