Get-rich-signal

XAUUSD: The rebound gives Sell a chance, 2337Sell

Short
Get-rich-signal Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain

The gold market has shown signs of a double top on the 4-hour chart, suppressing upward movement. Short-term rebounds lack strength, and the 4-hour moving averages have crossed bearishly, indicating the potential for further decline. The market opened lower this morning and has been declining since then, with any rebounds confined to around 2337. Below 2337 presents selling opportunities, so there's no need for hesitation; selling can be done now.

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Commentaire:
Gold is following the same script again. It surges higher and falls back. There is no unilateral market trend. Gold's rebound in the U.S. market continues to be short, and it still has not broken away from the large-range shock. Gold's U.S. market continues to be short if it does not break the intraday high of 2345.

Gold's 4-hour moving average still forms a downward cross, and the threat of gold's 4-hour double top is still there. It is expected that it will be difficult for gold to rise sharply in the short term, and the US market will continue to be bearish.
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