short-term-catcher

Gold short selling 8 consecutive wins

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



Through the analysis of the golden hour chart, we know that yesterday's market rebound was unable to increase the volume and fell below the 1916 line support. Now it has become a pressure level. The support level has stopped falling and rebounded. We can also clearly see from the picture below We see that the short term has also entered a phased bottom area, but we do not rule out a further drop to the lower support level. In terms of operation, we continue to think high, low and long. The specific suggestions are as follows:

Gold 1908 and 1902 are long respectively, the stop loss is 8 US dollars each, and the take profit is 15 US dollars each;

Gold 1917 and 1922 are short respectively, the stop loss is 8 US dollars each, and the take profit is 15 US dollars each.
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