Gold rebounded to around 3380, and the K-line decline was inevitable, so there is no doubt that the gold price will fall. The current K-line closed with an upper shadow, which is a sign that the bulls have reached their peak.
Trading ideas: short gold near 3380, stop loss 3390, target 3350
Trade active
Gold continues to fall after a brief surge
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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.