XAUUSD: The rebound encountered resistance again, 1945Sell
Updated
Gold is now in a volatile trend at the bottom, and the rebound is nearing the end. The big non-agricultural data will be released on Friday. With the news uncertain, gold will not easily break through the daily pressure. Today, we will rely on the pressure position of 1945-1950 to go short and bearish, and look at the band. callback!
Judging from the daily trend, gold fell all the way before, and then began to rebound. Now it has touched the pressure position of the upper rail of Bollinger on the daily line! This position is also a transaction-intensive area where the rebound encountered resistance during the early decline! And so far in this rise, the hourly chart has diverged, and the rise has been exhausted!
So I am going to sell at the current price of 1945
Judging from the daily trend, gold fell all the way before, and then began to rebound. Now it has touched the pressure position of the upper rail of Bollinger on the daily line! This position is also a transaction-intensive area where the rebound encountered resistance during the early decline! And so far in this rise, the hourly chart has diverged, and the rise has been exhausted!
So I am going to sell at the current price of 1945
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