Gold still failed to break through the downward trend line in 4 hours. Although the rebound seemed ferocious, it was actually only a flash in the pan. The 4-hour downward trend line resistance is around 1903, and the U.S. market rebounded at 1903 and continued to dry up. Even if gold does not fall sharply now, it will only fluctuate, and it is unlikely to directly rise strongly in a deep V.
US market operation ideas
Gold 1903 short, stop loss 1911, target 1890-1885;
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Note
Gold picture pressure level, short selling in 1920-1923
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.