Gold continues to fall, is there still hope for bulls?

מעודכן
Today, gold rebounded to around 2412 and then began to fall. The current minimum has fallen to around 2394. At present, gold is still in a weak position. But do gold bulls have no ability to counterattack?
https://www.tradingview.com/x/U5oulLCq/

I don’t think so. Gold has stopped falling in the 2395-2390 area many times, so there is still room for defense in this area. In addition, the recent continuity of gold is not strong. If gold can hold the 2395-2390 area, gold may still build a double bottom technical structure in the short term, thereby supporting gold to rebound upward. As for whether it can reach 2480, it is not certain now, but gold has the opportunity to rebound to the 2420-2430 area again.

So in terms of trading, we can appropriately consider going long on gold first, waiting for gold to rebound, and then looking for opportunities to short gold!

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עסקה פעילה
As long as gold can hold the 2395-2390 area, gold bulls have not completely given up, and gold may still rebound to the 2420-2430 area
עסקה פעילה
Since the decline of 2484, gold has entered a shock repair phase. Gold bulls still have the ability to defend, and gold may still rebound to the 2420-2430 area.
עסקה פעילה
If gold can quickly recover above 2390, then gold is still likely to rebound.
עסקה פעילה
Directly increase your position and go long on gold at 2384
עסקה פעילה
Bro, if you added a position to buy gold near 2384, you would have made a good profit now.
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