CheetahAttack

Gold will fall again

Short
CheetahAttack Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

A bull fell in love with a cow, and the cow said, if you can guard under my roof for 100 days, I will accept you, so the bull guarded the cow under the roof for one day, two days, three days, until ninety After nine days, the bull left. The mother cow asked the bull why she didn’t persist for the last day. The bull’s answer was very touching. I used ninety-nine days to prove my sincerity, but I used the last day to defend my dignity. No matter how rare I am to you, treat you well, if you don't cherish me, I will let you go. Whether it is a business, a friend, a lover, or a family relationship, this is the case. Only when you know how to cherish each other can you deserve it! The bull asks the cow if you are ashamed!

Let's look back at gold. Now there is a high probability that gold will fluctuate in the large area from 2010 to 1930, so it is enough to pay attention to the gains and losses of the 1996 position in the middle. So today’s operation is very simple. Recently, gold is suddenly pulled up in the US market. The next day’s adjustment is repeated. This will give you a drop. It’s OK. When you get used to it, you will suddenly go away and never look back. Now gold is protected by banks, and at the same time, European rallies are avoided. Risks, as well as the wait for the Ukraine crisis, doomed that the current gold is relatively volatile relative to historical highs, but the rise in the US market is due to continued poor momentum, so there is no need to chase more.

Therefore, if the midline is aggressive, you can go short in 1980-1985, enter in 1993, and target 1955-1930-1915-1900. Without breaking through the 2000 area in a row, the daily line has formed an irregular double top! At present, as long as it does not break through 2000, it will still rebound. After all we all know that the 1867 gap has not been filled. It is enough for us to focus only on 1985 and 1996.
Of course short-term 1962-1965 can be sold, TP1: 1950 TP2: 1945

XAUUSD GC1! GOLD
Comment:
Short-term bought:Sell 1962
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