Gold is shorted to make a profit, the decline will continue!

If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the fire. If you go with the trend, you will be light and airy; if you go against the trend, you will be chaotic. Ride the wind and waves with me and dance with victory.



In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was expected to rebound to around 2340 in early trading. Gold fell directly to 2335, hitting a new low below 2300. Gold rebounded to around 2313 and was directly shorted.



Gold's 4-hour double top continues to suppress gold prices. The gold top structure has formed. The 1-hour moving average of gold continues to open downward, and the short positions are arranged. Gold's rebound gives us the opportunity to go short. Gold has no room to rise, so I suggest that if gold rebounds to around 2312, it can continue to be short.



European market operation ideas:



Short gold at 2312, stop loss at 2321, target 2295-2290;

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Short-term adjustments are technical repairs, and mid-term gains are the general trend. Everything is within expectations. No matter how the trend evolves, you will remain calm and calm.

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Yesterday's fundamentals: Iran did not counterattack Israel's attack last weekend, so as the market's risk aversion subsided, the gold and silver markets took advantage of the situation to take profits. Today’s fundamentals focus on the preliminary April manufacturing PMI value of the Eurozone at 16:00, the preliminary S&P global manufacturing PMI value of April in the United States at 21:45, and the annualized total at 22:00 in the United States, new home sales in March and April Richmond Fed Manufacturing Index.

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It is about to reach the rebound position, everyone can start preparing to buy

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Gold began to fall as expected, and of course profits began to beckon us.

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The next task is to wait for take profit

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After getting the profit, you can continue to go short on the rebound.

Trade closed: target reached:

Perfectly won

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Correction is another opportunity to go short

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Trust my analysis, because I am the best, haha

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Today’s signal is 100% accurate and the profit has been made

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Very satisfied with today's transaction