From the current gold structure, it can be clearly seen that a certain amount of buying support has accumulated in the 2910-2920 area; however, in the absence of rebound strength, if gold cannot effectively break through the 2920-2930 area, gold is still in a relatively weak position.
So in terms of short-term trading, if gold cannot break through the 2920-2930 area, we can still continue to short gold based on this resistance area; but when executing the transaction, we must be careful that once gold strongly breaks through the 2920-2930 resistance area, gold may continue to fall back to the 2900-2890 area.
So in the short term, you can still try to short gold again. I have already shorted gold near 2915-2920. Wish us good luck! Brothers, have you followed me to short gold? If you want to know more detailed trading ideas and get more trading signals, you can choose to join the information at the bottom of the article to make trading no longer difficult and make making money a pleasure!
So in terms of short-term trading, if gold cannot break through the 2920-2930 area, we can still continue to short gold based on this resistance area; but when executing the transaction, we must be careful that once gold strongly breaks through the 2920-2930 resistance area, gold may continue to fall back to the 2900-2890 area.
So in the short term, you can still try to short gold again. I have already shorted gold near 2915-2920. Wish us good luck! Brothers, have you followed me to short gold? If you want to know more detailed trading ideas and get more trading signals, you can choose to join the information at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Trade active
The bearish trend has not changed, and the rebound is an opportunity to increase positions! The downward space of gold is far beyond expectations. When most people are afraid, it is the time for bears to be greedy. Miss the first wave of decline? The second wave of short dividends will be doubled! Brothers, are you bearish on gold like me?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.