Risk aversion fades, trend turns to sell
Updated
Gold risk aversion has been alleviated, and gold has broken down directly. The bullish trend of gold has been temporarily alleviated. After the decline of gold, the bulls have no strong counterattack. It is difficult for gold bulls to make great achievements for the time being. Gold rebounds and continues to be short.
Gold broke down with the relief of risk aversion, and then the 1-hour moving average of gold began to turn around. The strength of the gold bullish rise has weakened. The resistance of the gold moving average has now moved down to 2683. Gold rebounded to 2683 in the US market and was shorted at highs. It can be shorted near the rebound of 2680.
SELL: 2680-2683
Gold broke down with the relief of risk aversion, and then the 1-hour moving average of gold began to turn around. The strength of the gold bullish rise has weakened. The resistance of the gold moving average has now moved down to 2683. Gold rebounded to 2683 in the US market and was shorted at highs. It can be shorted near the rebound of 2680.
SELL: 2680-2683
Trade active
2672now. If you followed this signal and now have a profit of 100pips, you can close part of the profit💰 Trade closed: target reached
Profit of 180pips has been madeNote
Signal SELL2680~2680 dropped by 40$. Today's free sharing ends and will continue tomorrow.
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