Short-term setup:


Gold 4140 has some selling pressure, and in the near term the upside momentum is insufficient. Personally, I think gold will adjust first and then move higher. In the short term, you can open a short on a pullback!
Enter short around the current price 4137, set the stop-loss at 4145, and the target is 4120! $XAUUSD
XAUUSD1.03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
FiatRefugee
· 1h ago
The selling pressure at 4140 is indeed clear, but the pullback may be limited—wait to see the 4120 support before deciding the next move.
View OriginalReply0
LiquidationWatcher
· 3h ago
The short position followed up, now waiting for a pullback.
View OriginalReply0
  • Pinned