XAUUSD:Today’s Data Trading Strategies

The indicators on the 1h chart are also trending towards the short side now. It depends on whether the support in the 2185-2181 range is effective. In my opinion, the probability of falling below is greater.

At the same time, there is data released today. Judging from the data released last week, today’s data has a higher probability of being beneficial to the bulls. If the market falls back to the 2174-2169 range before the data is released, you can trade longs first.

Pay attention to the resistance of 2186-2192. If there is no breakthrough, go short.

If the data does not match expectations, it will be beneficial to short sellers and go short directly.

Trade active:

sell