Yesterday gold short exceeded target completion ✅
Fed hawkish decision (lower rate cut expectations) triggered short selling explosion, gold price surged and broke through key levels, downside space completely opened.
Daily: Consecutive bearish candles with breakout, moving averages in bearish alignment, MACD green histogram expanding, RSI oversold but rebound lacks strength.
4-hour: Bollinger Bands opening downward, rebound resisting middle band, bears dominating
Core strategy: Sell on rebounds with resistance, don't chase shorts, light position entry in batches.
Entry range: Batch shorts on
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