Gold’s rebound is an opportunity for short selling


Gold 4 hours now has a high multiple top structure, and the gold 4-hour moving average has also begun to turn. If it turns downward to form a dead cross, then the downward space for gold will open up, and the magnitude of gold's decline will increase. The moving average resistance has now moved down to around 2510


snapshot
Comment
snapshot
Comment
You can wait for gold to rebound slightly and then go short.
Comment
The 4-hour moving average of gold has begun to turn downward, and gold is expected to continue to fall.
Comment
If you can’t grasp the points for opening and closing positions, you can click on the link below my article, where I will share my trading ideas for your reference every day.
GoldgoldpricegoldtradingstrategyHarmonic PatternsTechnical IndicatorsTrend Analysisxauusdanalysisxauusdforecastxauusdshortxauusdsignalxauusdupdatesxauusdwave

Related publications

Disclaimer