Gold bearish trend remains unchanged

Von Donald-trading

Gold has fallen back after rising several times, but gold bulls are still powerless to turn the tide. Gold is still in a bearish trend and remains bearish after the rebound.

The market fluctuations of gold are actually quite active these days, so whether it is a decline or a rebound, there is still a lot of room for it. You must be patient and wait for the opportunity to rebound.The gold moving average resistance now moves down to around 2408


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Gold rebounded slightly, watching around 2405
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Continue to wait for gold to rebound, and then short near the pressure level
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Personally, I still believe that gold will continue to fall after rising higher.
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Gold can now be shorted on rallies
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Gold can be shorted on rallies
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