Can gold be shorted now?
Updated
Gold's current rebound is basically in place, which is also in line with expectations. You can go short around 2157
The golden hourly line is one wave lower than the other, which is an obvious short position. Of course, the resistance levels naturally decrease in sequence. The K-line starts from above the moving average again and directly breaks through the moving average. It is currently moving downwards against the moving average, and the four-hour line is still Keep the moving average suppressed. At least the moving average has been moving upwards. The pause button has been pressed, and there is an obvious downward bend. Continue to look below 2140.
Trading strategy: short gold 2157, stop loss 2166, target 2100, 2045
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Note
Gold has made profits for several consecutive days, and friends who have followed have made huge profits. This time, my view on gold is still clear, and you can find the right opportunity to go short.Trade active
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Note
Gold has little short-term fluctuationsNote
Gold has basically maintained a volatile pattern this week. Although it has broken through new lows during the session, the downward pace is getting slower and slower. It is obviously waiting for the results of the Federal Reserve's interest rate meeting.Note
Gold makes slight profitNote
Gold starts to fallTrade active
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