Gold is moving as expected, and it has started to drift slowly downward.


Oufan’s main focus is still on the resistance zone at 4320-4330.
As long as gold cannot close and hold above 4330, I’ll keep shorting the rebound.

The short-term idea is very clear: short around 4320-4330, and add one more short at 4350-4360.
The key supports below are at 4280-4260. Gold is likely to dip and test these levels; it might even reach 4220-4230.

There’s just one rule for the trade: rebounds are a gift—keep shorting.
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