Gold, sold short at 2675 in the morning session of the Asian market!
Gold rebounded and rose again in the second half of the night, but the gold market did not continue. Therefore, gold will continue to be a volatile market. The sustainability of gold has been poor recently, so do not easily chase after the rise. Continue to short sell when gold rebounds to high levels.
The 1-hour moving average of gold is about to enter a dead cross downward trend. If the 1-hour moving average of gold forms a dead cross downward, the downward space of gold will be further opened, and the rebound pressure of gold will begin to fall at 2680. Short selling can continue near 2675 in the morning.
The market is constantly changing, and gold is currently experiencing volatility. If gold rebounds to a high level, it is still advisable to continue short selling.
Morning trading strategy:
Short selling gold 2675, stop loss 2685. Target 2660-2650;
Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights