jherryPowell

Gold rushes weakly and continues to pull back

Short
jherryPowell Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last time I reminded everyone to pay attention to the pullback of gold, and at the same time, I also seized a wave of opportunities. Last week, the idea of gold was realistic, and the benefits it brought were more than 500%. If you missed last week, I really don't want you to miss this week.


Gold pulled back, but neither time did it break through the pressure position of 2020!The pattern of short-term declines remains unchanged for the time being, whether it is a rebound or a reversal!
It is the most normal thing to have fluctuations in the trend market, and sideways or oscillations in the decline are all for breaking a new low again!There are only two situations where gold reverses now. The first is a strong breakthrough in 2020, which means that the market is reversed!The second is to test down the 2000 mark multiple times without breaking it!

Neither of the current two situations has occurred!We can continue to execute in accordance with the established principles and strategies. If the empty order has already entered, then hold and wait until it breaks!

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