The 1-hour moving average of gold still continues to cross downwards, and the strength of gold shorts has not weakened; gold rebounds are still mainly short selling. Although gold rose after covering the gap for one hour, the upper shadow line soon fell. Gold is still weak overall, and gold is under pressure near 3050 in the short term.

Trading idea: short gold near 3042, stop loss 3052, target 3022
The above is purely a sharing of personal opinions and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
Trading idea: short gold near 3042, stop loss 3052, target 3022
The above is purely a sharing of personal opinions and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
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Gold has seen a short-term reboundNote
Gold fell back after rising. You can now make a short-term long order rebound.t.me/Mentor45689
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✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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.