Gold reaches historic triple peak of 2940, under pressure to sell short
Overnight gold has risen again, but obviously lacks momentum. 2940 is a historic triple top form, and this resistance is still strong, so it is still short selling
The four hour golden candlestick chart is a clear triple top pattern, with the candlestick chart being able to block out every time it reaches the 2940 line. At the same time, the candlestick chart deviates further from the moving average. In the short term, the candlestick chart first looks at the falling moving average, and then rises strongly. The position of the moving average is displayed near 2910, which is the target level of Wolf Brother. The 50 moving average also shows signs of slowing down, and 2940 is short selling;
Investment strategy: Sell gold 2940 short, stop loss 2950. Target 2910
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