Gold will start to rebound after the correction opens up space
Dear friends, gold has fallen in the short term and is currently trading near the 2033 position. I guess there must be many friends who are shorting gold at this position and believe that gold is no longer strong and has begun to turn into a downward trend.
In fact, I don’t think so. Although the US dollar has returned to strength and gold has been under pressure to fall by $17 today, short-term gold has failed to break through downward many times and has received support from the 2030-2032 area in the short term. As long as gold cannot fall below this area,then gold will continue to rebound. Gold does not support a sharp decline at this time.
So in short-term trading, I don't think we should continue to be short gold. Instead, we should consider starting to be long gold. I share detailed trading ideas and trading strategies every day. The gears of destiny are turning. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
In fact, I don’t think so. Although the US dollar has returned to strength and gold has been under pressure to fall by $17 today, short-term gold has failed to break through downward many times and has received support from the 2030-2032 area in the short term. As long as gold cannot fall below this area,then gold will continue to rebound. Gold does not support a sharp decline at this time.
So in short-term trading, I don't think we should continue to be short gold. Instead, we should consider starting to be long gold. I share detailed trading ideas and trading strategies every day. The gears of destiny are turning. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
Trade active:
Gold is currently rebounding to around 2040. With the gold bullish line pulled up, there should be room for rebound. Let us wait patiently for profits to expand.
Trade active:
You can add a position to go long gold near the 2032-2030 position
