Short gold near $4,160,

Yesterday’s gold price trend was completely consistent with our analysis.

Gold prices remain weak today, partly due to the Thanksgiving holiday. But the overall structure remains the same.

We sold short at $4,160 and set our stop loss at $4,180.

We are currently in profit of 10 points.

However, I think gold still has a lot of downside potential.

Today’s target selling profit range: $4130-4110

Price: US$4160-4165

Stop loss price: $4185

Take profit price: $4110-4130