Gold downtrend, rally continues Sell
Currently, gold has returned to the downward trend after Friday's plunge. As long as the trend does not change, then a rebound is a good sell opportunity.
After the sharp drop on Friday, the gold trend will definitely be adjusted, so we can buy low and sell high in the range of 2315-2285.
Now we should not rush to enter, wait for the rebound to the previous low point, which is also the current resistance line 2315 before selling.
After the sharp drop on Friday, the gold trend will definitely be adjusted, so we can buy low and sell high in the range of 2315-2285.
Now we should not rush to enter, wait for the rebound to the previous low point, which is also the current resistance line 2315 before selling.
Trade active
Note
If the rebound does not reach 2315, you can sell at 2307Trade active
Trade active
Trade active
Trade active
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.
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.