XAUUSD: Continue to sell at a high level today
Updated
Yesterday's short order layout for gold's current price from 1985 to 1990, and profit fell as expected! The current price layout, rejecting hindsight, I believe everyone can see the strength of Barometer! Gold's downward trend remains unchanged now, and the bearish trend remains unchanged!
It can be seen from the hourly chart that gold is now in a downward trend, and the current pressure position is the 1992 high point of yesterday's rebound, which is also the previous consolidation pressure position! The pressure is still here today!
Gold has now clearly entered a downward trend, and the operation is mainly to rebound and sell! The short-term support is 1970. Once the level is broken, it will continue to reach new lows, and it will be near 1950 or even lower!
At the beginning of the trend change, the market often fluctuates because the market has not yet formed an effective consensus. As time goes by, the strength of the bulls' counterattack becomes weaker and weaker, which will accelerate the downward trend of the shorts. As long as gold does not break through the 1992 level today, For suppression, focus on high altitude!
It can be seen from the hourly chart that gold is now in a downward trend, and the current pressure position is the 1992 high point of yesterday's rebound, which is also the previous consolidation pressure position! The pressure is still here today!
Gold has now clearly entered a downward trend, and the operation is mainly to rebound and sell! The short-term support is 1970. Once the level is broken, it will continue to reach new lows, and it will be near 1950 or even lower!
At the beginning of the trend change, the market often fluctuates because the market has not yet formed an effective consensus. As time goes by, the strength of the bulls' counterattack becomes weaker and weaker, which will accelerate the downward trend of the shorts. As long as gold does not break through the 1992 level today, For suppression, focus on high altitude!
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Today is surprisingly similar to yesterday. They both started to fall after reaching 1990. Today, we are the same as yesterday, selling at 1985 and 1990 respectively, and closing the position with profit at 1980. So far, our winning streak continues, and Super Golden Week has also been full of profits many times, with an amazing profit ratio. Tomorrow is the last day of Super Golden Week, and it is also the most important day, because there is a monthly event Unemployment rate and NFP data will be released, I hope you don’t miss it.
Everyone should be very aware of my strength. If you want to get my accurate signals and one-on-one guidance, you can contact me and I will help you make continuous profits.
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