Gold's safe haven surged and fell back twice, and the current pr

Gold has surged higher as a risk aversion in the U.S. market. However, gold has surged higher and fallen twice in the short term. Another inverted V trend is not impossible. After all, the rise is stimulated by risk aversion news and may not continue to rise. The current price of gold is directly short!



After gold rose for an hour, it surged higher and fell back, leaving an upper shadow line. In the short term, it has surged higher and lowered twice. Moreover, gold has not broken through new highs for many times. It then began to surge higher and fall back. It is still a double top structure, and gold continues to be short.



Gold seems to be rebounding strongly, but the logic behind it is risk aversion. It is too early to directly say that the market has turned bullish. If it surges higher and falls back to an inverted V in the evening, it will continue to be short.




U.S. market operation ideas:



Gold is short near 2334, stop loss is 2343, target is 2320-2315;

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Gold fell

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Gold’s Uptrend Is Over, So Here Comes the Downtrend

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Gold should fall after adjustment

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Be bullish but don’t chase the rise