We are bearish and sell below the resistance of 2710

13. Dez.

Gold fell sharply on the daily line, breaking the bullish structure that had been rising strongly from 2613 to 2726 in this round. The daily line retracement tested the MA5 daily moving average. The upper track of the Bollinger Band suppressed the 2713 line, the middle track was at the 2654 line, and the RSI indicator was running above the central axis. The short-term chart fell below 2700 in four hours, and a structure of accelerated decline appeared. The RS1 indicator returned to the central axis. The intraday trading ideas for gold are short-term bullish and long-term bearish!

Gold fell from a high level in the US market and is now under pressure at 2713. Gold can be sold directly near 2710. The 1-hour moving average of gold has begun to turn at a high level. After the downward divergence, the downward space of gold will be further opened, and it will continue to be sold under the pressure of 2710!

First support: 2675, second support: 2670, third support: 2660

First resistance: 2692, second resistance: 2700, third resistance: 2713

Trading strategy:

BUY: 2680-2678

SELL: 2710-2712