Gavin's strategy is to go short on highs and keep making big pro

Actualizado
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Gold surged higher and fell back in early trading and has now reached the No. 1 support level (2167). The momentum of the bulls is obviously insufficient. It has rebounded in place yesterday evening and continues to return to the downward trend. In the short term, we will focus on the No. 2 support level below (2161 line) once it falls below the heavy volume. The decline will continue to accelerate. The golden hourly line shows a head and shoulders top pattern. It is obviously unable to rise and rebounds to around 2180. It is also suppressed by strong resistance in the short term. In terms of operation, we continue to focus on shorting on rallies.


goldsell:2170-2175
TP:2165-2160
SL:2180

Nota
Gavin’s strategy point is nearby, everyone can follow and play together.
Nota
The current market trend is generally in line with expectations. The decline will continue, but the fluctuations within the day are small. As time goes by, the current strong pressure above has moved down to 2180. Below this area, we will continue to be bearish.
Chart PatternsHarmonic PatternsTrend Analysis

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