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Gold is difficult to break through, continue to short gold

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Today, gold continued to rise in the short term, reaching a high of around 2335. In the short term, it touched the key suppression area I pointed out. With the bottoming out and rebounding yesterday, the intraday trend was relatively intact, and the short term seemed to have been supported. However, although gold continued to rise in the short term, it has not really strengthened. The overall trend is still in a volatile trend, and there is no obvious sign of a breakthrough. In addition, gold failed to break through the resistance of the 2335-2340 area, and the bulls have not reached the level of upward rush. Therefore, the possibility of falling back after the intraday high is greater.
https://www.tradingview.com/x/RaZ7qnKy/

Moreover, the U.S. market is closed early today, and it is difficult to continue to break through and rise in the short term. Obviously, it is not suitable to continue chasing gold now, so we might as well rely on the short-term 2335-2340 area resistance to short gold again!

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Gold falls again as expected

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Gold as a whole is still in the range of shocks. After gold rebounds, we can still short gold again.

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Gold continues to fall and breaks below today's low of 2326

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At present, gold is once again in a narrow range of fluctuations.

Trading-Hawkeye

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