Gold has also been tossing in the past two days. It always does something bad during the session to avoid risks and push up, and then the market will be exactly the same, rising and falling. History always repeats itself like this, but every time gold rebounds, it never reaches a new high. , the highest today is only around 2197. It shows that the bulls are really in trouble, and gold 2192 continues to sell directly.
Since gold cannot break through new highs in 4 hours, the head and shoulders structure of gold in 4 hours is still there, and gold is still in the process of building a top at a high level. Even if it looks like a shock, it is obviously inappropriate to chase higher, and the strength of gold’s rebound is all relying on The risk aversion news is rising, but the high point of each rise is successively lower. Gold’s strategy today is mainly selling.
gold:sell2192-2197
tp:2187-2182
sl:2205
Comment:
Gold's short position reached its top again today at 2197. Will it rebound in late trading or will the short position remain unchanged?
Comment:
Gold will go down as expected, and TP will come at any time
Comment:
Although the rebound at the beginning of the Golden Week once exceeded the 2200 mark, it eventually fell back and gave up all the gains. It is not difficult to see that the rebound at the beginning of the week was only a correction of the decline at the end of last week, so it is difficult to change its current short trend, so the current main theme Still bearish
Comment:
Although the rebound at the beginning of the Golden Week once exceeded the 2200 mark, it eventually fell back, so it is difficult to change its current short trend, so the current main theme is still bearish.
Comment:
2187 will definitely arrive, then I will tp, join me, I am very accurate
Comment:
After yesterday's market washout, gold is still consolidating at a high level in the short term, and the US dollar has strengthened again after yesterday's short-term correction. Yesterday's sharp rise in gold can be said to have released short-term bullish capabilities, while the rapid correction shows that the short-term high correction pattern has not yet Change. Therefore, in the evening, we still treat it with the idea of correcting the gold high.