Short-termTaurus

Today's gold forecast is 1889~1903, sell high and buy low

Short
Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Analysis of the gold layout: won on Monday with a complete victory. The current trend of gold has rebounded strongly last night since it repeatedly attacked the bottom 1885-1884, but then began to fall back, and finally fell to the 1886 line to stabilize and fluctuate. From the perspective of the trend, it is a weak slow-rising pattern, and it has broken through to the vicinity of the 1901 line above. From here we can see that this is completely different from the previous trend. After breaking through the 1884 line yesterday, it started to rebound. Now that the bulls are about to move, our operating thinking must be changed immediately, and we cannot chase the short in the main. Instead, go back to our old thinking, just sell high and buy low. While stable, it can also avoid many risks. Today, focus on the breakthrough of 1905. As long as this position is not broken, it is still a short-term idea.


​Back to the topic, since gold fell below the 1884 line yesterday, it has obviously stopped falling after rebounding. Today, let’s look at the 1901-1903 line above, and reach this range to find a high point to enter the market and open short
Near SELL1903, SL:1908, TP:1890

Europe and the United States fell below the 1892-1889 line to do more gold
BUY1889~1892, SL:1884, TP:1900
Trade active:
This is really the perfect TP1890
Comment:
Go long gold backhand
Comment:
God loves me! 100% win rate
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