Short-term-trading-king

Gold short selling 7 consecutive wins

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

Gold prompts the 1952 current price short order to fall again and take profits! The short order has won 7 consecutive times this week! Now the decline is still continuing, the US market continues to be short, and it will be short again after rebounding around 1955!

Looking at the golden hour chart, there is an obvious downward trend, there is no doubt about it! The rebound during the decline is also very weak! The current pressure position is the 1954 position in the early trading range, which is also the hourly Tublin upper track pressure position!

The U.S. market rebound continues to be short, and you can go short again near 1955! The target below is still bearish support in the 1935-30 area!

Specific strategies

Gold is short at 1954, stop loss at 1965, target at 1935.
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