Continue short selling below gold 2940
I will continue to short sell gold below 2940.
Because gold is currently oscillating at historical highs and has not fully recovered from its previous strong upward trend, it continues to rise after breaking through historical highs. On the contrary, the 4-hour Bollinger Bands are also starting to shrink, and a change of direction is imminent. I believe that a major drop in gold prices is imminent.
2940 has failed to break through multiple times on the front line, and even if there is a false breakthrough, it will fluctuate for several hours before being heavily suppressed by bears. Therefore, I believe it is very likely to plummet. So, are you ready to reap the benefits of short selling in the gold market?
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