Donald-king

Gold rebounds close to pressure level 2158, how to trade

Short
Donald-king Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)

Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below.

The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will continue to accelerate. In the short term, we will continue to focus on short selling on rallies. The idea remains unchanged.




Trading strategy: You can go short near 2158
Trade active
Comment:
Gold has reached the key point near 2158, and you can short the position
Trade active
Comment:
Gold falls slightly
Comment:
Gold starts to make profits

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