Gold made two profits from short selling yesterday. Gold fell back after rising in one hour. The rise of gold yesterday was due to risk aversion.
As long as risk aversion does not continue, it is reasonable for gold to fall back after rising. Gold rebounded to around 2385 at its highest. The moving average resistance is around 2388, and there is still a lot of resistance above.
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Gold can still be shorted on rallies
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Gold may fall to around 2370
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For those with little trading experience, you need to have a strict stop-profit and stop-loss plan
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