Short-term-trading-king

Thursday: Gold operation sharing

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

The current trend is highly similar to yesterday. Yesterday's 1970 is today's 1960. The range is gradually moving downwards, and the 4H level K-line has been running below the short-period moving average. This is a typical weak market. The key today is also the selection of short selling points. The best opportunity for short orders is definitely to rebound around 1958-60 to accept short positions. However, if the gold price continues to be unable to rebound after the European market, then short orders may need to move down to the 1953-50 line. It is very easy to break through the negative decline. The short-term support below is at 1943-44, and the key support is around 1936-38. This is the first time to consider a long opportunity.

Operation:
Gold is short from 1958-60, stop loss is 1970, and the target is 1950-1943;

European market 1953-1950 short selling target 1945-1943

Go long in 1936-38, defend 1931, target 1948-58
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