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Gold Spot / U.S. Dollar
Short
Updated

Gold 2305 short

451
snapshot

In view of the large negative line closing last Friday, there is still room for decline in the short term, and the overall trend is still biased towards the bears. What is needed now is to wait for the bulls to pull back and then continue to fall. The key short-selling position above is maintained at 2303-05, which is basically equivalent to the first low point of the previous retracement and the quarterly line position of the daily line. The first target below will also be maintained around 80-70.

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Chart PatternsgoldmansachsgoldpredictiongoldpricegoldtradingstrategyTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusdsellxauusdshortxauusdupdates
Signalking

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.