Short gold, target 2430-2420!

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Good afternoon everyone, I am still holding a short position. I am optimistic that gold will fall back to 2430-2420, or even 2420-2410 area.

From the chart, we can see that the current high point of gold near 2482 is exactly the top range of the daily chart, so there is a possibility that it will encounter resistance and fall. The bottom of the daily range is currently at 2300, which is definitely a bit far for us. However, we can also look down step by step from the high position.

After breaking through the high point of 2482 today, it has retreated to around 2460. The hourly chart range has been broken. From the current point of view, the bottom of the hourly chart range is around 2430-2420. Therefore, there is a high probability that gold will have a deep correction space in the future.
https://www.tradingview.com/x/W156eoFV/

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Gold's rebound will be the last glory, and gold will continue to fall
Kommentar
Gold rebound is an opportunity to short gold
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Gold rebound is an opportunity to short gold
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The next rhythm is the recovery of the US dollar and the correction of gold prices.
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Remember what I said, target: 2430-2420
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Continue to be bearish on gold
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