XAUUSD: Gold price rebounds, Sell high again
Updated
The downward trend of gold short positions remains unchanged. The rebound is still a short selling opportunity. The current price of 1983 in the European market can be directly shorted and continues to be bearish!
There is an obvious downward trend on the golden hour chart, and it is a weak downward trend. It has been running below the Bollinger Middle Track, which is very weak! The rise in the European market is just the opportunity to go short again!
The current price of the European market can be directly short, and the next target position below is still in the 1960-50 area! Only after the Fed’s interest rate decision is the market likely to turn around!
There is an obvious downward trend on the golden hour chart, and it is a weak downward trend. It has been running below the Bollinger Middle Track, which is very weak! The rise in the European market is just the opportunity to go short again!
The current price of the European market can be directly short, and the next target position below is still in the 1960-50 area! Only after the Fed’s interest rate decision is the market likely to turn around!
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