Gold continues to pull back, today’s trading strategy analysis

Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future.
As the impact of the situation in the Middle East subsided, the price fell as low as $2,333 in the short term. However, because the market fell too fast, it indicates that there will be a rebound trend in a certain range. However, the current trend is still mainly downward.
Today's trading strategy is still mainly short selling at high prices.
Entry is in the 2350-2360 range, with a downward outlook of $2330-2320.
The 2365 line above needs attention.
If the rebound rises to the 2365-2370 range and stabilizes, a rise back to last week's gold price levels may occur.
If you encounter difficulties, you can seek my help. I will share trading strategies and trading ideas every day.

Giao dịch đang hoạt động:

The price of gold continues to fall, looking towards $2,325 below

Giao dịch đang hoạt động:

The market will rise a bit now that the U.S. market has opened.

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Gold continues to show a downward trend

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The price of gold is about to fall to $2,320. If the price of gold is strongly supported below $2,320, it may usher in a rebound.

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Gold prices are currently fluctuating around $23,320

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The price of gold is currently fluctuating around US$2,330, and is forecast to decline slightly.

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The price of gold is supported at $2,320, and it is predicted that it will bottom out and rebound here.

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Gold prices are close to predicted levels,
There may be a rebound trend coming soon

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If the gold price falls below the 2325-2320 range, it will continue to fall to the $2,300 level.

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The price of gold fell below US$2,300, then rebounded slightly, and is now at US$2,304.

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Gold rebounds slightly

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Did you take advantage of my trading advice today?
After the rebound, we seized the opportunity to trade, and we still gained something in this transaction.

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Now the gold price is experiencing another small rebound

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The price of gold is now oscillating around $2,300, and now shows a downward trend, with the next target being $2,290.

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In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading and made a profit.