Gold trading: Short selling at 2660 current price

2025-01-03 2579

Black Friday is here, today we will definitely see a sharp drop, two horizontal and one vertical are short selling

Overnight gold rebounded strongly, but it was only a rebound, and the rebound was for a better plunge

The daily level gold is still suppressed and always below the moving average. At least the moving average is like an iron wall. Don't follow the market. When the market rises, buy more, and when the market falls, sell short. This kind of operation is always accompanied by running. It may be profitable in the short term, but it is destined to exhaust you. Currently, the weekly line is still in a high-pressure situation. The rebound is just a flash in the pan and cannot stir up waves. Short selling, 2660 short selling!

Investment strategy: Short selling gold at 2660, stop loss at 2670, target at 2620

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

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