Short-termTaurus

Today gold is still dominated by short selling, top 1923

Short-termTaurus Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Analysis: Last Friday's gold empty order was also steadily won. The closing battle is also a successful conclusion. With the beginning of a new week, new market trends are also waving towards us. Next, listen to my analysis and insights on Monday's market. The support at 1910 below is relatively strong, and several pre-breakthroughs ended in failure. According to the trend of gold in the Asian market and the strength of the callback, the bulls are still suppressed to death, and it is difficult to see that they will give enough rebound in the short term. So the focus is still on the break at the 1910 position. Last Thursday's CPI was all bullish, and it failed to open up the bulls' upward momentum. It just rushed to the 1930 line and was suppressed by it and quickly fell below the low. Therefore, the bearish trend remains unchanged this week, and it is still mainly bearish. In terms of operation, just follow the mainstream and wait for the rebound to give you a short-selling opportunity.


Back to the topic, the current decline in gold is obvious, and we need to find a suitable space to enter the market after rebounding from a high level.
Today, let’s look at the 1921-1923 position above. When you arrive at this position, you can find a high point to enter the market and sell short.

SELL1921~1923, SL1927, TP1910.

Long orders will not be arranged for the time being, and wait for the follow-up gold to go out of the trend
Trade active:
Continue to profit today, come back tomorrow
Trade active
Trade active:
1906 limit price short, now start to make a profit, close 1/2 of the position by 1903, and the rest at 1900TP
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