Today's gold short is bleak, and it continues to fall within the day. The hourly trend has broken below the support of the 1968 trendline. The persistence of the bulls has certainly begun to falter. This creates an excellent opportunity for the bears.
After the hourly line fell, there was no sign of stopping. Instead, it has steadily declined step by step, with three retreats and two retreats.
The hourly line is currently supported at the 1960 line. Judging from the current trend, this point is already in jeopardy and may be easily broken through at any time. Buying bottoms has a high probability of becoming cannon fodder for short sellers. People who follow me should know that in most cases, I am just a free rider, and the current market is no exception. I rebounded to 1968 and went short directly, with a stop loss of 1975 and a target of 1960 to 1945.
Trading strategy: gold 1968 empty, stop loss 1975, target 1960-1945
The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
