After gold rebounded to around 2337, it quickly fell back to around 2320, but gold did not continue to fall at present, which shows that the bears did not have an absolute advantage, and the bulls still have room for defense! Gold as a whole is still in a trend of shock adjustment. https://www.tradingview.com/x/IFiVml9r/
Although the gold bears did not have an absolute advantage, they still had a slight advantage relatively speaking, so after gold fell to around 2320, I did not immediately go long on gold to prevent gold from breaking the shock trend and testing the support of the 2310-2300 area again. As gold fell again, the resistance area of gold moved down, and we first focused on the resistance area of 2330-2335. As gold pierced 2320 during the decline, gold should still have room to continue to fall.In addition, it cannot be ignored that gold has signs of forming a head and shoulders top in the short-term structure.so in terms of trading, I still tend to short gold.
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تم فتح الصفقة
Gold has indeed fallen, and the lowest has fallen to around 2315
تم فتح الصفقة
You can continue to short gold after gold rebounds
تم فتح الصفقة
First try to buy gold in small quantities around 2316
تم فتح الصفقة
Gold began to rebound in the short term, and long positions began to make profits
تم فتح الصفقة
At present, gold is in a narrow range again. I think gold may still rebound to around 2325
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