Wait for a rebound to 2325 and continue selling
The monthly rate of US retail sales is bullish for gold. Gold has seen a wave of gains, but then it rose and fell. This is the main theme recently. The positive data of gold are all rising and falling. The rebound highs cannot break through the new highs, and the trend is still downward.
Therefore, we are mainly bearish today. Don't rush to enter now. Wait for the rebound to the resistance level of 2325, and you can consider selling.
Therefore, we are mainly bearish today. Don't rush to enter now. Wait for the rebound to the resistance level of 2325, and you can consider selling.
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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.