The 1-hour moving average of gold has begun to turn slightly downward, and the strength of gold bulls has been suppressed. The 1-hour gold has now formed a head and shoulders pattern. If the strength of gold's rebound is limited, then the room for further decline of gold will increase.
Trading idea: short gold around 3032, stop loss 3042, target 3022

Trading idea: short gold around 3032, stop loss 3042, target 3022
Note
The market is changing rapidly. Now that gold bulls have weakened, gold may become the home of bears next.Note
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Congratulations to my friends who are short on gold, you have made good profits again.Trade closed: target reached
Friends who have insufficient trading experience can choose to slowly close their positions with profitsNote
Today’s gold short position earned 18 points.Note
Did you catch gold's plunge?Note
If you can’t grasp the points for opening and closing positions, you can click on the link below my article, where I will share my trading ideas for your reference every day.t.me/Mentor45689
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✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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.