Don’t be afraid, the rebound is an opportunity to short gold

Gold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over, so even if gold rebounds and repairs in the short term, I am not worried. If you read my previous article, I'm sure you know the orders I currently hold. To be honest, I currently hold short positions near 2316, 2320, 2325 and 2330. Although gold has just fallen back to around 2315 in the short term, all my orders have made good profits. But I still did not choose to close the order. I firmly held the order until it hit TP: 2305.

Gold started to fall from the 2335 position during the day, and gold did not even touch the 2335 position during the rebound. Therefore, it is confirmed that gold is only rebounding and repairing during the decline, rather than a trend reversal. Gold bears will continue to perform, and I expect gold to continue to fall back or even test the 2290 area support again. So I thought it was reasonable for me to set up the TP2305 during the transaction.

Therefore, don’t worry about gold’s rebound and recovery in the short term. Instead, I think this is a good opportunity for the market to go short again. I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.

액티브 트레이드:

Gold has rebounded above 2330 again. I think we can still continue to short gold in the 2330-2335 area.

액티브 트레이드:

Gold's second rebound still failed to break through the 2335 position, so gold will continue to fall after consuming its rising momentum.

액티브 트레이드:

Although gold fell into a narrow range in the short term, it did not break through the position where it started to fall during the day during the rebound, so gold will continue to correct. So don't worry!

액티브 트레이드:

From the perspective of the U.S. dollar, the U.S. dollar has fallen so much in the short term, but the rise in gold has been limited. The U.S. dollar has stopped falling and stabilized. Once the U.S. dollar rises, gold will continue to fall, so in any case, our short position is safe.

액티브 트레이드:

Don’t doubt yourself just because gold rebounds. I will be unswervingly bearish on gold in the short term.

액티브 트레이드:

Gold fell as expected and has now fallen to around 2322 again. Gold is expected to continue its decline and test around 2300 again.

액티브 트레이드:

Gold has formed a double top structure in the short term, which will exert strong pressure on gold in the short term and confirm the downward structure of gold.

액티브 트레이드:

Don’t be afraid of a gold rebound. Gold rebounds are all opportunities for shorting.

액티브 트레이드:

Gold’s rebound is weak and will continue to seek a breakthrough downwards

액티브 트레이드:

Gold did not stand firmly at 2330 before the market closed, or even failed to stand above 2325, so gold still has room to fall. Everyone, hold on to the short positions in your hands, our profits will rise to another level again

액티브 트레이드:

The Asian trading session has begun. Gold first moved downward, laying the foundation for gold's correction. Gold will continue to test the 2300 position area downwards.

액티브 트레이드:

I think gold will continue to fall and I still hold short positions on gold at 2330, 2325 and 2320. If you don’t have any positions now, you can still continue to short gold

액티브 트레이드:

Wait patiently for gold to fall back