Gold 2904-2908 continues to increase positions and short sell!
For the current market, the overall downward trend remains unchanged this week, but there is a small double bottom on the hourly chart. However, at best, the double bottom is only around 2904, while the 50% golden ratio of 2940-2877 is around 2908.
So in terms of operation, last week's short selling order for gold 2904 remained unchanged. In the afternoon, it is recommended to continue to increase positions and do short selling for 2904-2908, with a target of looking down near 2840!!!
(Investment carries risks, caution is required when entering the market; the above suggestions are for reference only, and profits and losses will be borne by the operator based on this.)
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