Gold's 1-hour moving average has gradually begun to show signs of turning, and gold's 1-hour moving average is also in the form of a head and shoulders. Even if it pulls back and forth again, gold will continue to fluctuate in a wide range. There are more data in the second half of this week, and there is news about important events, so gold still needs to wait for news or data to take gold out of a new direction.

Trading ideas: short gold around 3130, sl: 3140, tp: 3115
The above is purely a personal opinion sharing. Investment involves risks and you are responsible for your profits and losses.
Trading ideas: short gold around 3130, sl: 3140, tp: 3115
The above is purely a personal opinion sharing. Investment involves risks and you are responsible for your profits and losses.
Note
Gold rises slightly, waiting for short-selling opportunitiesNote
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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.