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See you at 2430!Gold rebounded again after a pullback to 2452, but during the rebound process, it only reached around 2475. Compared with the high point of 2484, the high point is gradually moving down, so the low point should also gradually fall. From the structure, gold is very likely to build a secondary peak in the 2475-2480 area. Once the construction is successful, the decline of gold will trigger a sell-off, and gold is likely to usher in a waterfall-like decline in a short period of time! Moreover, after gold rose rapidly to around 2484, short positions were basically swept away, and the market was enthusiastic about going long, especially when gold rose by $2, the bullish target could be set at 2500. So I have every reason to believe that gold is suspected of tempting to go long during the rebound. Then gold is likely to be brewing a downward trend to eliminate most of the long positions in the market and increase market liquidity! I currently still hold a short position near 2478, and the target is still in the 2430-2420 area. Let us wait and see, see you at 2430! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
4
Short gold, target 2430-2420!Good afternoon everyone, I am still holding a short position. I am optimistic that gold will fall back to 2430-2420, or even 2420-2410 area. From the chart, we can see that the current high point of gold near 2482 is exactly the top range of the daily chart, so there is a possibility that it will encounter resistance and fall. The bottom of the daily range is currently at 2300, which is definitely a bit far for us. However, we can also look down step by step from the high position. After breaking through the high point of 2482 today, it has retreated to around 2460. The hourly chart range has been broken. From the current point of view, the bottom of the hourly chart range is around 2430-2420. Therefore, there is a high probability that gold will have a deep correction space in the future. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Start shorting gold!Today, gold still maintains an upward trend, and gold is currently trading around 2420. Everyone must have questions, whether the bulls will continue to rise, or wait for the high point to pull back, I think this is the most concerned issue for everyone at present! In fact, I am not optimistic about how high gold will continue to rise. Although gold has risen to around 2420, it seems strong. However, gold has never been able to break through the left shoulder of the daily head and shoulders top pattern during the rise, so the daily head and shoulders top pattern still holds! The rise in the right shoulder of gold is not strong, so we must be careful of the shorts counterattacking at any time. So in the next transaction, we can't be too aggressive in going long on gold! Be careful of the trend of gold falling after rising. Once the decline of gold causes selling, it will be difficult for long positions to get out of trouble; in addition, the US dollar index has also touched the support position in each cycle, and the support rebound of the US dollar index has also suppressed gold to a certain extent! So in terms of trading, I don’t advocate going long on gold at present. On the contrary, I prefer to go short on gold at a relatively high level, and then wait patiently for gold to fall!The main focus on the upper side is the 2425-2430 area resistance, and the lower side is the 2400-2395 short-term support, followed by the 2385-2380 area support. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
2
CPI - Will Gold price touch 2400 ???⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices saw a third consecutive day of buyer interest, despite trading below the week's peak. Traders appear hesitant, awaiting US consumer inflation data to guide near-term strategies. This information will influence Federal Reserve decisions on interest rate cuts, impacting USD demand and potentially providing momentum for gold. ⭐️ Personal comments NOVA: Gold price is in the bullish range - wave 3 of H1 frames waiting for a break in the 2384 area. The price will show positive signs if today's CPI supports Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2338 - $2340 SL $2332 TP1: $2348 TP2: $2355 TP3: $2370 🔥SELL GOLD zone: $2398 - $2400 SL $2405 TP1: $2390 TP2: $2380 TP3: $2370 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
3
Bullish on Gold and SilverHey everyone, I'm back with another update on Silver and Gold 🤓 A month ago I showed you how Silver and Gold might react in June and their movement wasn't too far from my expectations. Both Gold and Silver followed their seasonality direction for June (a bearish move). Now as we passed a week of July, Silver and Gold price actions suggest that they are willing to follow their seasonality pattern in July as well; if so, we will see a nice rally higher towards the upside targets I highlighted on the chart. What will give us the confidence to stay bullish? The market remains positive on the September rate cut. For example, if the CPI number comes lower or equal to expectations this week, it can strengthen the market sentiment on a 0.25% rate cut in September. How about the price action? Well, it's a bit tricky here, but for Silver, I can say a daily candle close above $32 and for Gold above $2432, is a strong confirmation for them to hit higher prices. Watch out for corrections these days, as they can be surprising and might be fast and sharp. But don't worry until we call these down moves a "correction" 😊. As we are bullish for the long term we see corrections as a buying opportunity 😉 What's the target? In the coming months, maybe July and August (we cannot time the market), in case of getting the above-mentioned confirmations, Silver can hit $36.4 and Gold can see $2580 and higher. Additionally, a DXY daily close below 104 would be a cherry on top of the cake.
OANDA:XAGUSDLong
by SamanFx0
Continue sideways ! Gold price stuck below $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues with its struggle to make it through the 50-day Simple Moving Average (SMA) pivotal resistance and trades with a mild negative bias during the Asian session on Wednesday. The commodity, however, remains confined in a familiar range held over the past week or so as traders prefer to wait for more cues about the Federal Reserve's (Fed) policy path before placing fresh directional bets. Hence, the focus remains on the release of the FOMC meeting minutes later today. This, along with the Nonfarm Payrolls (NFP) report on Friday, might influence expectations about the Fed's future policy decisions, which will drive the US Dollar (USD) and provide a fresh impetus to the non-yielding yellow metal. ⭐️ Personal comments NOVA: Gold price is still stuck in the fluctuating range of $2310 - $2350, waiting sideways for NF news this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2304 - $2302 SL $2297 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
5
GOLD - Short trade forecast / Sell trade opportunity !Hello Traders! I am looking for a short trade from the supply & OB resistance zone. I expect to see a 50% retracement which could be turned into a 2R profit target. Keep in touch and all eyes are on the next move 👀 Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. www.tradingview.com
TVC:GOLDShort
by GoodTradeST
PCE keeps gold stable above $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD. ⭐️ Personal comments NOVA: Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2304 - $2302 SL $2297 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2330 TP2: $2320 TP3: $2310 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
6
DOWN trend for gold!! under $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues its steady movement below $2,300, approaching a two-week low. The Fed's unexpected hawkish stance earlier this month, predicting only one interest rate cut in 2024, bolsters US Treasury bond yields and hampers the non-yielding gold. The global equity markets' underlying bullishness also limits the upward potential of this safe-haven metal. ⭐️ Personal comments NOVA: Gold price reached the target area of $​​2300 yesterday, continuing the DOWN trend, waiting for price reaction when bears prevail. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2271 - $2269 SL $2264 TP1: $2276 TP2: $2284 TP3: $2290 🔥SELL GOLD zone: $2320 - $2322 SL $2327 TP1: $2310 TP2: $2300 TP3: $2290 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
5
Continue to short gold, targeting 2285-2280Gold continued to fall today and fell below the 2300 integer mark as expected, reaching a low of around 2293. There is no doubt that the short-selling force is in full control of the situation. In terms of recent trading, I have basically maintained the rhythm of shorting gold. Obviously, today is another day of making a lot of money. Although gold started to rebound after reaching 2293, the rebound was extremely weak and the overall bearish sentiment on gold was strong. It is undeniable that after gold fell below 2300, some bargain hunting funds began to buy gold, so relatively speaking, there were some differences in the market. Then we must be extra careful in trading! It is not ruled out that there will be a temptation to go long in gold. However, in the next transaction, since the gold price has fallen so much, it is impossible for gold to suddenly rebound without the stimulation of important positive news. The reversal is not so fast! So even if gold rebounds, it cannot be expected too high! So next I still tend to short gold after the rebound. As gold falls, the resistance area moves down. First, we mainly focus on the resistance in the 2310-2315 area; secondly, the resistance in the 2320-2325 area. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Continue to short gold after the reboundAfter gold rebounded to around 2337, it quickly fell back to around 2320, but gold did not continue to fall at present, which shows that the bears did not have an absolute advantage, and the bulls still have room for defense! Gold as a whole is still in a trend of shock adjustment. Although the gold bears did not have an absolute advantage, they still had a slight advantage relatively speaking, so after gold fell to around 2320, I did not immediately go long on gold to prevent gold from breaking the shock trend and testing the support of the 2310-2300 area again. As gold fell again, the resistance area of ​​gold moved down, and we first focused on the resistance area of ​​2330-2335. As gold pierced 2320 during the decline, gold should still have room to continue to fall.In addition, it cannot be ignored that gold has signs of forming a head and shoulders top in the short-term structure.so in terms of trading, I still tend to short gold. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
FAKE BREAK! Gold price maintains the DOWN price range below 2365✍️ NOVA hello everyone, Let's comment on gold price next week from 6/24 - 6/28/24 🔥 World situation: Gold prices fell over 1.70% on Friday due to positive economic data from the US, which reduced expectations of interest rate cuts by the Federal Reserve. The XAU/USD trades at $2,317, below its opening price after reaching a daily high of $2,368. The US economy showed mixed signals, with June's PMI readings surpassing estimates but the housing sector declining as Existing Home Sales for May fell compared to April's data. 🔥 Identify: Gold price had a FAKE BREAK to the 2365 zone then strong selling pressure on Friday, returning to the sideway price zone. Will continue to accumulate until the end of June 2024, maintaining below the 2365 area 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2338, $2365, $2385 Support : $2306, $2270 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
4
Gold is weak, keep shorting goldThe current market is still volatile, without any breaking behavior. In fact, since the start of London trading hours, there has not been a good opportunity to participate in market transactions, and it has been fluctuating around the 2315-2323 area. However, judging from the strength of today's rebound, the upward momentum of gold is obviously insufficient, and it can't even stand at 2324. Relatively speaking, the performance of gold is still weak, and there are signs of a double top structure in the short-term chart, which suppresses gold. So in terms of trading, I still tend to short gold. But in order to avoid a wash-out breakthrough like Friday, we must grasp the trading rhythm in short-term trading, so as not to be easily eliminated. During the period of gold volatility, we focus on the upper resistance of 2335-2340, but as gold gradually moves downward, we first pay attention to the short-term resistance of 2325-2330; and on the bottom, we first pay attention to the support of 2305-2300. If it breaks through 2300, the target will move downward. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Sideway price zone - accumulation for Gold✍️ NOVA hello everyone, Let's comment on gold price next week from 6/17 - 6/21/2024 🔥 World situation: Gold's price surged during the North American session on Friday due to increased hopes of the Federal Reserve cutting interest rates later this year. The rise in inflation data in the United States contributed to this sentiment. Additionally, political uncertainty in Europe led to risk aversion and a flight to safety, which boosted the value of gold. The XAU/USD is currently trading at $2,333, representing a gain of more than 1.30% after rebounding from daily lows of $2,301. Despite lingering pessimism, US equities saw some recovery in the last hour of trading, with the Nasdaq up 0.28%. The S&P 500 also trimmed its earlier losses and is nearly flat on the day at -0.10%. 🔥 Identify: Gold price continues to be stuck in two trendline boundaries, the large disputed price range is 2300 - 2357. Temporarily, the price continues to sideways and accumulates next week. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2357, $2388, $2440 Support : $2306, $2278, $2230 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
2
Profited $18K, Fed rate decision, continue to short gold!Although gold rose beyond expectations and broke through 2335 today under the stimulus of CPI data, we still won a big victory in the short position! We added short positions near 2332 and 2338 respectively. Gold fell back quickly after touching 2341, and we closed the position manually near 2325; then when gold rebounded to 2330, we shorted gold again and closed the position manually again near 2323. Obviously, I made more than $18K in profit from today's short trade. Very considerable income! The Fed's interest rate decision and Powell's speech later may exacerbate the short-term volatility of gold. Of course, this is also an opportunity for us to participate in transactions and make profits. In fact, for now, judging from the recent US economic data, I think the Fed does not have the conditions to cut interest rates immediately, so it is very likely to postpone the rate cut, thereby suppressing gold; and Powell's speech is likely to express an optimistic attitude, thereby supporting the rise of gold, so in the next period of time, gold may fluctuate violently back and forth! From a technical perspective, I think gold is likely to hit the 2350-2355 area during the violent fluctuations. If gold breaks through this area strongly, it may even reach around 2370. So after closing the short position to make a profit, I have not participated in short trading again. But even if I am bullish on gold now, I will not chase the rise of gold. I may even try to short gold in small batches in the 2350-2355 area. If it breaks through this area strongly, I will choose the opportunity to short gold again in batches around 2370. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Profited $9K, short gold again!Today, gold maintained a volatile correction. Although the fluctuation was not large, we still made relatively good profits in both long and short transactions. First, we bought gold near 2292 and set TP: 2300; obviously, gold successfully hit our target during the rebound; then we sold gold in batches near 2301 and 2308. When gold fell back to around 2302, we chose to close the position manually, and we made good profits overall. So far, I have made a total profit of 9K, which is a good result for today's market! At present, gold is in a stage of shock repair. Although it has rebounded in the short term and re-standing above 2300, it has not made effective progress and has not even effectively broken through the short-term resistance area of ​​2310-2315. Therefore, gold is only rebounding, not reversing. Therefore, we should not be too bullish on gold for now. According to the current market conditions, it is obvious that the short-term support of gold is in the 2300-2295 area, followed by the 2285-2280 area, and the upper short-term resistance is in the 2310-2315 area, followed by the 2330-2335 area. So we can perform high-sell and low-buy operations in the support and resistance areas! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
1
Go long first, then short gold!Today is the first trading day after gold fell $100 in a single day. After the sharp drop on Friday, the bearish atmosphere of gold is quite strong. Today, gold rebounded after reaching the position of 2287, and encountered resistance near the position of 2298 several times. Relatively speaking, the rebound strength is weak. In general, gold is consolidating at a low level and is in a volatile repair market. Due to the excessive decline on Friday and the large space, the decline may continue in the short term, but the space is obviously not large. The short-term support of the 2285-2280 area below is still strong. Many people in the market have set their sights on the 2260 area, but I think that at least today, the decline will not continue to this area. So in today's trading, I actually tend to go long gold on dips, because the current price is already low. Only when it rebounds to a higher or effective resistance level will I consider going short to gain retracement profits. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
Gold rebound does not continue, continue to short goldBecause the ADP data was lower than expected, suggesting that the US labor market is cooling, the possibility of the Federal Reserve cutting interest rates has increased, which has put downward pressure on US Treasury yields. Combined with the geopolitical tensions caused by the ongoing conflict in the Middle East, it continues to be a driving force for gold prices to avoid risks, and gold unexpectedly rose to around 2375. Despite these factors stimulating the rise of gold, as the market waits for the NFP report on Friday, the upside space for gold is still limited. At present, gold has stopped at around 2375 and has not continued to rise above 2380. So for the trend of gold, I think gold will continue to fall. First, the intraday Asian session continued to rise and hit 2375. From 2315 to 2375, it has risen by as much as $60. The entire rise process is too fast and too hasty, which is inconsistent with the bottoming rebound and slow-paced rise pattern. However, the overly fast and hasty rise will only consume the rising momentum too quickly, and the continuity is very poor; Secondly, the time rhythm is wrong. A real upward pattern, under normal circumstances, will be a certain correction in the Asian session of the next trading day after the strength at the end of the previous trading day. No matter it is a retracement or sideways trading, a correction action is needed. The London trading session is moving higher, so that there will be strength and better continuity. There is a lack of correction in the Asian session and it rises directly, which makes it seem like the bulls have some false breakthroughs. Therefore, I still see gold continuing to fall, and I am still holding the short position added near 2372. Now gold has fallen back to around 2360. The lowest has even fallen below 2360. Gold should still have room to fall. Let's look forward to it together! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
GOLD to zero vs BITCOIN What an awesome chart (For Bitcoin maxi's that is) here this shows Gold in relation to Bitcoin.... Here we can see the halvening (blue vertical lines) and the decline in gold value respective to Bitcoin, we can see an 80%+ decline each cycle. The next halvening date is April 2024, (Red vertical line) After the move has moved to a new low, we can see that a retracment has come in to the upside each cycle into and around the golden pocket (61.8% - 80%) . This area has already been tagged... another pattern is the influx of Volume regarding the start of 2023, dwarfing any other previous volume... I shall continue to update this thread moving forwards.
TVC:XAUBTCShort
by TraderE9
3
The DOWN trend prevailed at the beginning of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The Gold price (XAU/USD) struggles in the Asian session due to conflicting factors and stays near a three-week low. The expectation of rate cuts by the Federal Reserve and easing inflationary pressures weaken the US Dollar, supporting gold as a safe-haven asset. However, positive market sentiment and hopes for a cease-fire in Gaza limit the upside for gold. Traders are waiting for important US macro data, including the Nonfarm Payrolls report, and central bank decisions from the Bank of Canada and the European Central Bank. ⭐️ Personal comments NOVA: The selling pressure at the beginning of the week is still maintained - the DOWN trend is dominant, waiting for support areas for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2299 TP1: $2312 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2332 TP2: $2327 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
2
The rebound is an opportunity to short goldAt present, gold has rebounded after touching the 2315 position, and has taken a bottoming-out and rebounding trend. However, from a technical perspective, gold has shown a clear willingness to go down. After gold fell below the 2330-2320 area, strong resistance was formed at 2335 and 2345 respectively. Combined with other periodic indicators to maintain a short position arrangement, the short trend of gold is strong! Although gold is currently in a rebound stage in the short-term structure, according to the rebound strength, it is expected that the rebound space of gold is limited, so I think the rebound of gold is an opportunity to short. Don't think that 2315 is the bottom. Gold is likely to try to test 2300 or even 2280 during this round of decline. So in terms of trading today, the idea of ​​shorting at high levels remains unchanged. First, pay attention to the 2330-2335 resistance area, and then pay attention to the 2340-23450 resistance area. The former is regarded as the key of bears to test the low point again, or even break below 2315; the latter is the short-term strong defense of bears in the short-term volatile trend. In other words, below 2330, bears can complete the intraday low or new low in the short term; and after rebounding to 2345 and then falling, although there is still hope to test the new low, the time period will be longer. I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
1