XAUUSD: Wait for rebound, sell high
Updated
Gold started its decline, but the fluctuation range in early trading today was limited. In addition, the Federal Reserve's interest rate decision is about to be announced, and there is no good time to enter the market! We can only wait for the European market to rebound before selling. The pressure above will focus on the pressure position of 1985-1990! Sell after the European market approaches this position!
This week, the Asian and European trading market mainly fluctuated slightly, and the market peak was concentrated in the US trading time period! During the process of narrow range fluctuations, the point timing is particularly important, otherwise, there may be no good results in a day of fluctuations!
Good hunters wait well! Once the direction is determined, all that's left is the positioning and execution! Then we will wait for the right point before entering the market!
This week, the Asian and European trading market mainly fluctuated slightly, and the market peak was concentrated in the US trading time period! During the process of narrow range fluctuations, the point timing is particularly important, otherwise, there may be no good results in a day of fluctuations!
Good hunters wait well! Once the direction is determined, all that's left is the positioning and execution! Then we will wait for the right point before entering the market!
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