Yesterday’s short gold profit was huge, can it continue today?
Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320.
Gold has shot up many times and then fallen back. There are many resistances above, so there is a possibility of a sharp decline at any time.
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You can short gold when it rebounds to around 2320
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Gold short orders are making profit
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When making profits from gold short orders, friends with little trading experience can slowly close their positions.
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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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Gold is now in a fluctuating downward trend. The 30-minute moving average of gold continues to cross downwards. The short trend remains unchanged. The 30-minute downward trend line of gold suppresses the rise of gold. Gold just touches the resistance of the trend line and falls directly.
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The trend line resistance has now moved down to around 2317, and it continues to be bearish after the rebound.
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