Gold shorts have won 6 times in a row, continue to be short
The price of gold fell again to refresh the previous day's low, and closed below the mid-range line. The power of shorts increased, and the short-term moving average also maintained the dead cross bearish development. The indicators also maintained the short signal spreading downward, although the ZZ indicator has shown that it has bottomed out. However, it still implies that the market outlook will fall further before the market can stop falling and rebound. Pay attention to the fact that after the 100-day moving average support is touched, you can gain demand for bottoming out and rebounding.
Gold: At the top, focus on the resistance near $1,954 and $1,960; at the bottom, focus on the support near $1,944 and $1,935;
Silver: Focus on the resistance of $22.75 and $22.90 at the top; the support at $22.45 and the support at $22.25 at the bottom;
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