Gold is directly shorted near 1999
We directly chose to enter a short order at the current price of 2006, and the market price successfully retreated to 1995 before leaving the market; at the same time, we entered a long order at the double bottom position of 1995, and the market price also rebounded as expected, but this rebound only took a small space, which itself was a weak point. The important thing is to use this counter-draw to continue to intervene in short orders. Therefore, after the long orders leave the market in 1998, we continue to follow the main rhythm and enter short orders. Currently, we hold the current price short order of 1998. Let’s look at 1990
Last week, after experiencing the roundabout fluctuations in the range from 2020 to 2042, the market price rose several times and was suppressed in the 2042 area. Finally, it was completely defeated under the suppression of non-farm payrolls on Friday. As the support points of 2020 and 2010 fell below, it went lower. It has become inevitable to continue to seek support downwards. The current short-term layout is to go high. In the absence of a bottom rebound or a long sun, just take advantage of the rebound opportunity and go short.
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