Gold, high level has broken 2930, short selling directly

2025-02-26 2002

The high volatility range of gold has fallen below, and the downward trend has begun. Previously, gold fluctuated between 2920 and 2955, but now the 2920 line has become the resistance level for gold at present. During the 4-hour cycle, the gold price fell below the 60 moving average for the first time, which is also one of the signals of a change in trend. So 2930 is directly emptied.

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