CFDs on Gold (US$ / OZ)
Short
Updated

A real correction for gold could be coming

71
Gold 30-minute chart is beginning to have the possibility of a double top, so don't chase long for now. If you want to go long, wait patiently for a pullback, otherwise the high adjustment may also be large. Gold can be shorted on rallies. If gold falls below 3060, then the real adjustment of gold may come.

The market is changing rapidly. Since the strength of gold has been insufficient after breaking through new highs, don't chase too much.


snapshot
Note
sl:3085,tp:3065
Note
Gold has made a short-term adjustment after rising higher again
Note
Gold can take advantage of the rebound to continue shorting, and be careful to set a good stop loss
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Note
snapshot
Gold 5-minute chart continues to fall
Note
Gold rebounded slightly, and it is still possible to short at highs
Note
Gold can be shorted near 3085

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