Gold is still in a downward trend. There is heavy resistance above. After yesterday’s noon rebound pushed as high as the 4730 area, it fell again, with the low dropping to around 4667.



The current trend is already obvious. Yesterday, Brother Liang also repeatedly reminded that the main focus is to short from the high (high-level selling). As for how it turned out, everyone can see it for themselves.

Next, continue to rebound and look to short around the 4715 and 4730 levels. Your defense should be handled at your own discretion, with a downside target of 30–50 points.
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