Gold is currently releasing short-term upward pressure after a sharp decline in the weekly trend, and may enter a short-term top form in the short-term trend. On the daily trend, although the current price has not yet maintained a high level and fluctuated, the K-line has begun to gradually break through the short-term moving average. The price has touched the support band in the early stage of the daily line, but the strength and continuity of the rebound are not too great. There are signs of gradual weakening on the daily trend. On the 4-hour level, the current K line is beginning to come under pressure, and the short-period moving average remains weak.

لقطة

The golden hourly line starts to exert force from above the moving average, and the big negative line directly breaks through the moving average. The K-line is currently suppressed, and there is still a lot of space below. It will continue to be bearish next week.

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For gold, we continue to look at the 2145 line. Gold rebounded directly to around 2177, but this is not a reversal. We continue to be bearish.
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لقطة

The golden hourly line was also suppressed by the moving average. It rebounded slightly and quickly, but it was still below the moving average and was suppressed. The macd energy column was also below the zero axis and gradually moved away from the zero axis. The upper resistance of 2185 is still strong.
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Can I go short now?
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It is often more reasonable to follow a good trading signal than to trade randomly on your own.
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This week I will continue to share my views on gold every day, welcome to follow me
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The trend for gold remains down
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Gold short orders are making profit
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Last week, gold led everyone to continue to make profits. This week we will continue to eat meat on gold profits.
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Gold short orders continue to make profits
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Gold short orders continue to expand profits
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لقطة

There is an opportunity to continue shorting after gold rebounds
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Can I go short now?
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Currently waiting for gold to continue falling
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Gold's slight rebound does not change its downward trend
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Gold touched the pressure level of 2173 after rebounding
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Continue to be bearish on gold
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Can gold be shorted now?
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Don’t be aggressive in chasing long orders now.
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Gold fluctuates strongly after rebounding, but remains bearish
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لقطة

The rebound of the gold K-line was also around 2180, and then it couldn't move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards. The rebound was also one yin and one yang. It was definitely not a U-turn.
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Gold can be shorted today.
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As long as 2174 cannot pass, the market will be bearish. If it breaks through 2174, it will repeatedly test the high point.
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Gold started to rise from 2170, once reaching the 2200 line, and then the big negative line returned directly to around 2172, but it is obvious that 2170 is the support level, and the K-line continues to stabilize above this position. After reaching this position repeatedly, it still maintains Go up and consolidate the bottom signal
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Goldgoldman_analysisgoldpricegoldtrendHarmonic PatternsTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusdshortxauusdsignalxauusdtrend

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