Accurately predicting an overnight drop of $50 in gold, who else?
Overnight gold is clearly looking for a sharp drop, specifically around 2670. The bearish candlestick once reached around 2675, but it was also clearly open short at 2725. After seeing a sharp drop of $60 in one day, it ended up falling by $50. Who else could make this prediction?
The four hour golden candlestick is a clear evening star, and it continues to decline with a large bearish candlestick. A bearish candlestick directly sinks the support line, creating a rapid and unstoppable rhythm. The moving average also clearly turns downwards, bends downwards, and forms a clear inverted V shape. The resistance level is clearly continuously moving downwards, and 2693 is under pressure to continue short selling
Investment strategy: Short selling gold at 2693, stop loss at 2708, target at 2645
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