Short-termTaurus

Gold analysis: short-term shock trend, reasonable entry point

Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today's gold market opened at the 1943 line. From the perspective of the overall structure of gold, gold has gradually changed from a weak shock to a strong shock. The market has been in a downturn in the short term. This trend can be long or empty. The control needs to be more precise. In addition, this Thursday, the CPI annual rate, monthly rate, and initial claims are all gathered together. Gold should not make much movement in a short period of time, and there is a high probability that it will also fluctuate and pull back in the past few days. Therefore, the operation in the past few days is still mainly selling high and buying low.

At present, the probability of the upward fluctuation of the gold trend is higher, and both long and short positions have the opportunity to participate in the operation. Let's just treat it by selling high and buying low.
Today, let’s look at the 1935-1932 line below, and reach this range to find a low point and enter the market to open long.
BUY1935~1932, SL1928, TP1945.
The European and American market rose to the 1948-1951 line,
SELL1948~1951, SL1956, TP1940.
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Monday's market always makes me want to sneak some sleep
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The position was closed near 1936, it was too weak. Today’s market has returned to the original point after running for a long time
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The U.S. market is open, and the market fluctuates a bit
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