Gold's 1-hour moving average continues to turn downward. If it crosses below to form a downward death cross, then gold's room for decline may further open up. The short-term short position of gold has not ended yet. Gold has a trend of falling again. The short-term trend of gold is still short.
Trading ideas: short gold near 3325, stop loss 3340, target 3290
Trading ideas: short gold near 3325, stop loss 3340, target 3290
Trade active
Personally, I think we can short gold on rallies
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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.