Gold V-shaped reversal? How to solve the short order quilt

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🗞News side:

1.PPI has fallen for three consecutive months
2. Russia-Ukraine talks are ongoing
3. Powell says the era of long-term low interest rates is over

📈Technical aspects:

Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection

🎁SELL 3190-3200, SL 3210, TP 3170-3160

If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.

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Penafian

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