The 4-hour moving average of gold is still in a downward bearish position, and the gold shorts are not over yet. Gold has fallen back quickly after every recent surge. The situation is still controlled by short sellers. Don’t be fooled by the strong rebound of gold bulls on the surface. The rebound is a better opportunity for short sellers.
Note
Pay attention to the pressure near 2313Note
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Can I go short now?Note
It is recommended that the take profit and stop loss are 10 points eachNote
Gold short orders are making profitNote
Gold's 4-hour moving average gradually begins to turn, and after gold breaks through, gold's 4-hour moving average will have a double bottom structure, and gold may start to rise.Note
Note
Gold broke through Friday's high, and the market changed.Note
Go long near gold 2315Note
Gold long orders are making profitsNote
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Profits from gold long orders continue to expandNote
For friends who have little trading experience, you can choose to take profitTrade active
Note
Today’s gold short orders don’t make much profit, but gold long orders make huge profits.Note
Long gold orders near 2315 have been closed one after another.Note
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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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.