In today’s early session, gold is fluctuating and falling. After a rebound correction in the European session, it continues the bearish downward move. Although it has not yet broken below the Asian session low, the moving average system on the 4-hour and 1-hour chart levels shows a bearish alignment. The KDJ three lines are forming a dead cross and steadily moving downward. In the evening, when the U.S. session (COMEX) opens, the gold price is highly likely to continue falling.
For evening trading, we will still focus on the moving average system on the 1-hour chart. When the price rebounds and touches the 10MA, go short. Place the stop loss above the 20MA, and the target is 4360！#黄金 #伦敦金 $XAU