The 1-hour moving average of gold continues to spread upward, and the strength of gold bulls is still relatively strong. Gold's moving average support has now moved up to around 2983, and today's low for gold is around 2982, so gold still forms a strong support around here. I think gold can be shorted first, and then it can continue to go long if gold falls back around 2985
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I don’t think gold’s rise will be smooth, and gold will fluctuate repeatedly in this area.Catatan
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Gold's 5-minute chart fell rapidlyCatatan
Gold continues to fall, and our short order has made a profit of 10 pointsCatatan
Gold reaches near 2985, and our short order profits continue to expandCatatan
You can click on the link below my article where I share my trading ideas every dayCatatan
I think gold can still be bought on dips above 2982Catatan
Our gold long order is profitable again by 14 pointsCatatan
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