Gold has peaked, prepare to fall
Gold's rise was weak, and it once reached around 2300, but it clearly felt that it could not rise, that is, there was no strength, and the big negative line went straight down, forming a bearish engulfing pattern.
The continuous big negative line engulfed Yangdian's real body, and it also closed the upper shadow line, and the moving average showed a clear downward bend. The negative line real body broke through the moving average again, and the K line is getting closer and closer to the rhythm of the moving average. Be prepared to fall, and there is support below. around 2250
Gold's rise was weak, and it once reached around 2300, but it clearly felt that it could not rise, that is, there was no strength, and the big negative line went straight down, forming a bearish engulfing pattern.
The continuous big negative line engulfed Yangdian's real body, and it also closed the upper shadow line, and the moving average showed a clear downward bend. The negative line real body broke through the moving average again, and the K line is getting closer and closer to the rhythm of the moving average. Be prepared to fall, and there is support below. around 2250
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If you can’t grasp the entry point and are not confident in your trading, you can click on the link below my article, where I will share trading ideas every day
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Pay attention to the non-farm payrolls report on Friday. The market volatility will increase. I hope all investors will be cautious in trading.
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Shorting gold at high levels is a good strategy
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Gold rebounds slightly
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The trend of gold is within my expectation
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Can I go short now?
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If you can’t grasp the entry point and are not confident in your trading, you can click on the link below my article, where I will share trading ideas every day
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Gold falls rapidly
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Gold short orders are making profit
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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The trend of gold rose first and then fell, in line with my expectations
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Plan your trades, trade your plans, and avoid random trades
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Gold rebounds slightly in the short term
