Multiple top signs appear, short gold!

Mar 31

Although gold rebounded quickly after hitting 3100, it does not rule out the process of testing and confirming the top. I think that in the short term, we can still short gold in batches with the help of 3025-3035 zone suppression. Then wait patiently for gold to retrace!

If gold can fall below the 3100-3095 zone during the decline, gold may accelerate downward to the area around 3085 under the stimulation of selling. Let us wait and see!

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Mar 31

Trade active

Although gold has rebounded slightly at present, the momentum of the rebound has weakened relatively. If gold cannot effectively break through the 3025-3030 area, then gold will continue to retreat to increase liquidity. In addition, global stock markets have plummeted. After the tariffs are implemented on April 2nd, compared with gold, which is gradually accumulating risks, undervalued stock markets may be more favored. Funds in the gold market may flow back to the stock market, causing a sharp drop in gold prices.

The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings