CFDs on Gold (US$ / OZ)
Short
Updated

Gold is still weak, rebound can still be shorted

59
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.


snapshot

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 rebound
Note
Gold fell back after rising. You can now make a short-term long order rebound.

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