Short-termTaurus

Focus on gold 1930~1944 high short low long

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Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
​​​​Gold layout analysis: The market opened at 1936 in the morning, and the trend was weak. After falling to the 1931 line, it began to rebound. Under this trend, it is expected to continue yesterday's weak empty trend and continue to attack the 1930 line. So the next situation is relatively clear. As long as the strong support at the position of 1930 is not broken, we can try to do long (short-term operation) near it to catch the rebound. At present, unless gold regains a firm position above 1945, it is possible to open the bull's offensive trend. Otherwise, you can only go short during this period. So this Thursday's CPI also determines whether gold will restart the bulls, or continue to be short, hitting the 1900 integer level. This is just my guess, and the specifics should be based on the data and the actual trend.



Under the current trend of gold, we still operate around the high-altitude position, and we can participate in long orders without breaking the position at 1930.

Today, let’s first look at the first-line break at the 1930 position below, and do long positions if you don’t break through.
BUY1930~1932, SL1925, TP1938.

The European and American market rose to the 1940-44 line, reaching this range to find a high point and enter the market to open short.
SELL1940~1944, SL1947, TP1930.
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