Gold: Today’s Strategy

3. Okt. 2023

The downward trend of gold has not changed, and operations continue to be bearish at high altitudes! The rebound is still a short-selling opportunity! The US market position of 1824 continues to be empty, and the target position of 1800 below remains unchanged!



Gold continues to fall. Although there is a rebound during the decline, the strength of the rebound is very weak! This time gold's rebound should fall again after encountering resistance from hourly Bollinger upper track pressure!



Therefore, the U.S. market continues to be short and bearish. The pressure position of the rebound in the European market, 1828, is also a short-selling position. The U.S. market is directly short! Just continue to be bearish!