XAUUSD: Prepare for high Sell, TP1900
Updated
Yesterday, gold fell below the shock range, which means that a new round of space will be opened. We have sold many times before and made a lot of profits, but this is far from our profit-taking target. Every profit gain is indispensable for the market. Wait patiently. If you are heading in the right direction, don’t be afraid of the long journey. As the saying goes, as long as you don’t get off the car halfway, you will reach your destination! We are firmly targeting the 1900 round number mark to remain unchanged!
At present, the hourly short-term trend has basically stabilized below the 1917 pressure level. However, for key points, the price may reverse again to confirm the validity of the pressure level. Short positions will then be a perfect entry opportunity! The corner theory shows that the short-term corner spreads downward, and the short-term support below is at last night's low of 1907. From the overall trend, the short-sellers clearly have the upper hand, and the intraday price pulls back again to reach the 1915-1917 pressure zone. Sell decisively!
Technical indicator analysis shows that the price fell below the trend line support last night, accompanied by the dead cross shape of the moving average. However, the rapid decline caused the opening of the moving average dead cross to diverge. Today's rebound correction is indispensable, so today's If you have a short-selling opportunity, grasp the direction and follow the rhythm, profit will become very simple. I always believe in one sentence, good gold is made by speculation, and timing is very important!
At present, the hourly short-term trend has basically stabilized below the 1917 pressure level. However, for key points, the price may reverse again to confirm the validity of the pressure level. Short positions will then be a perfect entry opportunity! The corner theory shows that the short-term corner spreads downward, and the short-term support below is at last night's low of 1907. From the overall trend, the short-sellers clearly have the upper hand, and the intraday price pulls back again to reach the 1915-1917 pressure zone. Sell decisively!
Technical indicator analysis shows that the price fell below the trend line support last night, accompanied by the dead cross shape of the moving average. However, the rapid decline caused the opening of the moving average dead cross to diverge. Today's rebound correction is indispensable, so today's If you have a short-selling opportunity, grasp the direction and follow the rhythm, profit will become very simple. I always believe in one sentence, good gold is made by speculation, and timing is very important!
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