Gold 2162 prompts short selling, and it fell as expected
Gold prompts short selling at 2162, and is now falling as expected.
The four-hour gold line is still in a short position, and there is almost no support below. A plunge is inevitable. The highs continue to fall. It is an obvious short position, and the moving average is also running downward. The K-line is suppressed. We continue to see a plunge.
Trading strategy: short gold 2162, stop loss 2170, target 2100, 2130
The four-hour gold line is still in a short position, and there is almost no support below. A plunge is inevitable. The highs continue to fall. It is an obvious short position, and the moving average is also running downward. The K-line is suppressed. We continue to see a plunge.
Trading strategy: short gold 2162, stop loss 2170, target 2100, 2130
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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.