I have emphasized in the past two days that gold has begun to turn around in the 4-hour chart, and gold bears have begun to slowly exert their strength. Gold is now building a top structure at a 4-hour high. Gold rebounds are an opportunity for shorts. The resistance of the 4-hour moving average of gold has moved down to around 2507. If gold rebounds, you can short it at highs.


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Gold rebounded and then fell rapidly. Our gold short position is making a profit.
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