Gold 3054 continues to short sell

2025-03-21 2478

Overnight gold 3054 short, direct take profit 3030 first tier

Overnight gold, we decisively went short, and it was publicly short at the 3054 level. The bearish candlestick directly broke through the support line and reached below 3030 at one point. Obviously, the short position took profit and left directly. Two horizontal and one vertical positions are dry, and currently it is still a high-level short position, still at the 3054 level

The four hour gold candlestick has continuously shown a large bearish candlestick entity, with three bearish candlesticks at the top, which is also a bearish swallowing pattern. At least the large bearish candlestick entity directly covers the bullish candlestick entity, resulting in a top mentality. The rebound of the candlestick has shown some weakness, and when it is high and bearish, it is inevitable. 3054 is also a high point and a strong resistance. We rely on the resistance bearish, and continue to look at the candlestick returning to the moving average, short selling, and 3054 short selling

Investment strategy: Short sell gold 3054, stop loss 3064, target 3010

Disclaimer: Investment carries risks, caution is required when entering the market

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