In the short selling position of overnight gold 2660, continue to look at the 2630 front line

2024-12-17 1462

Continuing to be bearish and the market not moving, naturally we will also not move, and we will continue to look at the 2630 line below, which is also the position of Wolf Brother Ganduo. Therefore, the target level for short positions is here

The four hour golden candlestick still continues to decline with a large bearish candlestick. Although the decline is not significant, the overall trend is still weak. Even if the candlestick rebounds, it can be swallowed up and covered by the bearish candlestick, indicating bearish strength. At the same time, the candlestick has not been able to stand above the moving average and has been suppressed, rubbing against the floor. The candlestick also maintains an inverted V shape, with the 2630 line below being the target level

The daily gold level is also bearish, with the bearish candlestick breaking through the support line for two consecutive days, which is the 50 moving average, and being crushed directly. Currently, the candlestick is in a suppressed state, and the bulls are clearly still weak. Short selling, 2660 short selling

Investment strategy: Short selling gold 2660, stop loss 2670, target 228

Disclaimer: Investment carries risks, caution is required when entering the market

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