Bros, gold gradually rebounded to around 2650, breaking through the short-term resistance of 2530-2540, but according to the current conditions, gold does not have the conditions to form a unilateral upward trend. Therefore, in the short term, gold still needs to retreat downward, and the key resistance area above is around 2655-2660, so I will continue to short gold in this area.
Bros, do you have the courage to short gold?
Bros, do you have the courage to short gold?
Trade active
Bros, short gold directly in the 2655-2660 areaTrade active
Gold stalled near 2660, right at the trend channel pressure, where gold is likely to resume its decline.Trade active
Gold is currently building a top structure, and it is very likely that gold will start to pull back from here and test the 2630-2620 area.
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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.