Judging from the overall trend of gold in recent times, the bullish rebound is almost powerless. Even if there is a small rebound, it will be swallowed up by strong shorts on the same day or the next day. Therefore, we have been maintaining a short layout with the trend, without any idea of Boduo. Secondly, Fed Chairman Powell made a more hawkish statement, and the prospect of interest rate cuts declined. Gold plummeted, and the daily line fell sharply. The current price resistance keeps moving down, and the lows are constantly refreshed. There is no doubt that the rebound will continue to be short today, and trade with the trend.
There is no need to say much about the technical side. The top of the 30-minute plunge is at 2624, and the 4H plunge breakthrough is at 2633. The idea of shorting with the trend is very clear. It is nothing more than a question of where to short. There is also suppression at 2624 above. Sell below 2624 if you are a little more aggressive, and sell below 2633 if you are more cautious.