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Gold Trading Strategies Today

Short
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CITYINDEX:XAUUSD   Gold Spot / U.S. Dollar

Gold is still in a fluctuating trend at the top. After all, the bottom is supported by the 4-hour Bollinger track. Before it breaks, it is always a volatile trend! For the time being, the pressure on the top is to focus on the 2005 position. Whether this position breaks through, (as of now, there is no actual breakthrough), also determines the scope of gold shocks and whether it will continue to rise!

Plan your trade, trade your plan! The current gold trend is as expected. According to the plan, the European market relies on the pressure of 2005 to short, bearish! Unless the market breaks through 2005 strongly, we will change our thinking!

specific strategy
Gold is empty in 2005, stop loss is 2010, and profit is 1985-1980.


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