Gold 2900 under pressure, short selling
Overnight, if gold falls below the support line, it naturally becomes a bearish trend, with two horizontal and one vertical bearish movements. It's that simple
Of course, our multiple orders yesterday were obviously harvested and left. Currently, the candlestick line has fallen below the support line, and it is still mainly high. This position is obviously the 2900 line, which has switched from the support level to the resistance level. This is a clear bottom to bottom signal, and the bearish candlestick line is directly killing the decline. The bearish candlestick line is also in the form of being inserted to the bottom. Short selling, 2900 short selling
Investment strategy: Sell 2900 gold short, stop loss 2910. Target 2830
Disclaimer: Investment carries risks, caution is required when entering the market
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