Continue to be bearish on gold

8 sieOnce the trend is formed, it will not change easily. I will stick to the bearish view and carry it to the end. The price of gold is running in a flag-shaped structure of a downward trend. Gold may break through 2380 at any time, so I stick to the high-altitude strategy.

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Gold has fluctuated widely in the past two days, indicating that greater market opportunities are coming. Gold is still under pressure at its high level, rising several times and then falling. It is not so easy for gold bulls to reverse, so gold is still under the control of bears.

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Gold can still be shorted on rallies. Although the trend of gold has not changed, it is still necessary to set good take-profit and stop-loss levels.

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