Gold has a 5-game winning streak, continue to sell short

1982 short order, continue to hold

Gold has still peaked, and the K-line has always been weak, especially when the gold price once reached around 1983, but it is obvious that the K-line cannot move past it, let alone near 1990. We have always insisted that the bottom of 1990 is empty, and it is still valid. The high altitude is inevitable, and there is no doubt that the current short position is the same. You just need to wait patiently and wait for the plunge.

The golden hourly line continues to close the small negative line, which is a sign of a negative decline. The plunge is only a matter of time, especially when an obvious head and shoulders top pattern appears, that is, the high point continues to decrease, and the K-line is also in a trend of moving average suppression throughout the process, and the 50 moving average has already appeared U-turn, the strong force was held down and it ran downwards. The resistance level continued to fall, and the slope was obviously downward. It fell from 1990 to around 1982, and 1982 was in the air.

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