Gold is currently priced at 2497 in the morning, so go short directly!
Gold fell sharply at a high level last Friday, and the rebound of gold was not strong. Gold continued to build a high top, and the rebound was an opportunity to go short; Gold is currently priced at 2497 in the morning, so go short directly!
Gold has a multiple top structure at a high level in 4 hours, and the 4-hour moving average of gold began to turn downward. Once a downward dead cross is formed, the space for gold to fall will be opened, and the decline of gold will increase. Gold rebounded weakly in the morning, and even 2500 could not be broken. The rebound was weak, so go short at 2497 first.
The market changes rapidly, plan your trade, trade your plan, gold is weak and has no rebound, which is a signal of weakening, and gold continues to go short to the end.
Gold is short at 2497, stop loss at 2507, target 2480-2475