Leo-trading-star

Gold fluctuates and gathers momentum, continues to be short and

Short
Leo-trading-star Updated   
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar


There is basically no fluctuation in the European gold market, with a narrow range and gaining momentum. However, the gold bulls have not effectively counterattacked. This will be the calm of the storm. Gold 2160 will continue to be held short to see a fall and breakout.

Gold's 1-hour moving average is about to turn around and form a dead cross. If the dead cross is formed, then the gold short position has just begun, and the gold short position will have great potential. Gold is hovering around 2160 today, and the gold bulls have not made any further upward breakthroughs. For the time being, it is just a relay of decline. Gold will continue to fall below the level, and gold shorts will continue to reach new lows if it falls below 2150 today.

The more volatile the market is, the easier it is for the market to break out. Behind the calmness of gold, a big market is brewing. We witness every market together.
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Don't worry, gold will fall soon, hold on
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The daily trend is bullish. The price bottomed out one hour after yesterday's price broke through 2179. Then it shot higher and fell back into a range to consolidate and accumulate. This is a bullish trend. The current one-hour pattern bottomed out and then rose again. Long! 2171 is more direct. The discussion group has the latest free trading signals every day. Click on the globe to enter.
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I posted the latest gold trading signals in the discussion group, come and take a look
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The room for gold to fall is limited, pay attention to the scary data tonight! The discussion group publishes free trading signals every day
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Gold rose slightly and fell slightly again. The current price is still near the opening position. The main thinking during the day is low and long. The bottom focus is on the 2168 range for bullishness, and other positions are ready for the market. There are more free signals in the discussion group
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What we need to pay attention to is the top-low conversion support level of 2166. Just continue to be actively bullish around this support level. Focus on the breakthrough of the first-line suppression of $2180. Once it breaks through, there will be better room for growth. The discussion group has the latest trading signals, remember to check it out
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