XAUUSD: The decline is about to start, rest assured Sell
Updated
It is no exaggeration to say that my trading signals have always been very correct. I believe that friends who trade with my signals have a deep understanding. Yesterday, I insisted on the bullish signal to achieve multiple TPs, and today I continued to be bullish and successfully got the TP of 2050-2060.
Next my signal is going to be bearish on gold, I have informed the VIP member Sell at 2055, but I am too busy, and it has dropped to 2050 by the time I trade myself.
From a weekly perspective:
It can be found that the current sequence of the weekly line is 9, which means that next week is a time node for the opening of a window for changing the market.
Moreover, the suppression point 2050-60 above the weekly line has not yet firmly established here.
So, as long as it can't stand firm and close above 2050-60 again this week, then next week gold will definitely start its weekly downward trend again.
Moreover, there will be non-agricultural data released tomorrow Friday, which is very important.
From the hourly chart:
From 1975 to 2080, 80.9% of Fibonacci is here at 2060.
The 618 position of the 2030-2080 wave trend is also around 2060.
Therefore, there is a possibility that gold will continue to test the high point for the second time in the future. Only if the second confirmation fails to break through effectively, then the next gold fall will fall. (Real-time proof that my point of view has been verified when I rushed to 2060 just now)
Therefore, in the next operation, I suggest that you can rely on 2050-60 to enter the market and short. Once it falls, the first target must be here at the 2000 mark.
Next my signal is going to be bearish on gold, I have informed the VIP member Sell at 2055, but I am too busy, and it has dropped to 2050 by the time I trade myself.
From a weekly perspective:
It can be found that the current sequence of the weekly line is 9, which means that next week is a time node for the opening of a window for changing the market.
Moreover, the suppression point 2050-60 above the weekly line has not yet firmly established here.
So, as long as it can't stand firm and close above 2050-60 again this week, then next week gold will definitely start its weekly downward trend again.
Moreover, there will be non-agricultural data released tomorrow Friday, which is very important.
From the hourly chart:
From 1975 to 2080, 80.9% of Fibonacci is here at 2060.
The 618 position of the 2030-2080 wave trend is also around 2060.
Therefore, there is a possibility that gold will continue to test the high point for the second time in the future. Only if the second confirmation fails to break through effectively, then the next gold fall will fall. (Real-time proof that my point of view has been verified when I rushed to 2060 just now)
Therefore, in the next operation, I suggest that you can rely on 2050-60 to enter the market and short. Once it falls, the first target must be here at the 2000 mark.
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2050-2060 range SellTrade active
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Successfully reached 2000
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A new decline is about to beginTrade active
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