Asian market morning gold 2628 continues short selling!!!
Last Friday, gold fell into a volatile pattern as a whole, and the weekly chart finally closed with a cross star, indicating that long and short positions are tending towards balance. These two days are also approaching the end of the monthly and annual lines, and it is feared that it will fall into severe turbulence. Therefore, it is recommended to focus on short-term trading as much as possible this week, fast in and fast out!!!
From the golden hour chart, the top 2628 line is at the 61.8% golden ratio of 2639-2611. If you touch it in the morning, you can consider short selling first. Pay attention to the support lines 2610 and 2604 below, and wait for the opportunity to buy if they stabilize!!!
(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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