5.12 Gold Top Short
Gold has been weakened by the substantial progress of Sino-US economic and trade talks and the ceasefire between India and Pakistan, which has weakened the market's risk aversion sentiment. The weekly line has formed a double-needle top pattern, and the downward adjustment will continue this week.
Pressure focuses on 3325 and 3300, and the support below focuses on 3260. In terms of operation, rebound high and short are the main ones. If it falls below the support of 3260, go short directly!
Thank you for your attention. I hope my analysis can help you.
Gold has been weakened by the substantial progress of Sino-US economic and trade talks and the ceasefire between India and Pakistan, which has weakened the market's risk aversion sentiment. The weekly line has formed a double-needle top pattern, and the downward adjustment will continue this week.
Pressure focuses on 3325 and 3300, and the support below focuses on 3260. In terms of operation, rebound high and short are the main ones. If it falls below the support of 3260, go short directly!
Thank you for your attention. I hope my analysis can help you.
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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.
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.