Richard-Wagner

Gold 19-20 short; The oscillation correction moves down

Richard-Wagner Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold, yesterday's big white line rose during the day, as of the afternoon the highest touched around 22, but this action we still can not completely think of as a reversal of bulls, after all, in the field of long and short, the first condition for judging whether it is a reversal is not a single day of yin or yang, are continuous and breakthrough effects, and the current gold European market falls, then the probability of the U.S. market continuing to strengthen is not large, after all, continue to retrace to the position below 20, then this position is also an important pressure outlet position in the evening, And the key support below will also be maintained at the integer off the 1900 line position, this range may have a certain time point on the oscillation, and the evening trend is also more critical, if strong, then continue to follow the later right, on the contrary, the later period is still reviewed in the falling channel, then the evening gold such as the counter-draw around 19-20 continue to short, the target is around 05-00, stop loss 26.5, as follows after breaking 10 can consider continuing to hold, and the weekly system continues to be under pressure, then the short-term point or try to bearish
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If you follow my suggestion in yesterday’s post and short the gold price at 1920, you will earn a lot just now
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Everything that happened on Friday was within my expectations, and I am very happy that my channel signal helps everyone make money
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