Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320.

Gold has shot up many times and then fallen back. There are many resistances above, so there is a possibility of a sharp decline at any time.
Gold has shot up many times and then fallen back. There are many resistances above, so there is a possibility of a sharp decline at any time.
Note
You can short gold when it rebounds to around 2320Trade active
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 dayTrade active
Trade active
Note
Gold short orders are making profitNote
When making profits from gold short orders, friends with little trading experience can slowly close their positions.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 dayNote
Gold is now in a fluctuating downward trend. The 30-minute moving average of gold continues to cross downwards. The short trend remains unchanged. The 30-minute downward trend line of gold suppresses the rise of gold. Gold just touches the resistance of the trend line and falls directly.Note
The trend line resistance has now moved down to around 2317, and it continues to be bearish after the rebound.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.
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.