Gold/XAUUSD short position achieved great success, continue to wait for the shorts to repair.
Gold rebounded to 4448 yesterday morning, then fell back under pressure to 4306. The short position near 4375 given during the Asian session successfully realized a profit of 70 dollars. During the European session, it rebounded again, touching 4441 in the evening before a rapid drop. The slow rise and sharp fall during the US session allowed us to perfectly realize an 80-dollar profit from the short position around 4430, and the current short position also gained 35 dollars, achieving great success with short positions.
Gold surged to 4480 before the daily close, forming a long lower shadow bullish candlestick on the daily chart. Currently, the daily technical indicators still show a bearish trend, while on the hourly chart, it has entered a slow rise and sharp fall trend after rebounding. The late surge is just a trap for the bulls, with resistance to watch at 4490 above; a touch here could lead to shorts, and support to watch at 4350 below.
Entry opportunity: short near 4490, target 4450-4400#特朗普缓和局势 #美国暂缓攻击伊朗发电站 #金价连续第十天下跌