Allen_Ex

XAUUSD: sell 2404-2416

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

The current gold 30m chart indicator shows signs of weakness, but the 2h chart currently has the advantage for bulls. Continue to pay attention to the resistance near 2392.
If it cannot break through, the backtest support near 2383-2377 has a high probability. If it breaks through, the upper 2404-2416 range will be the short-term top.

Friends who hold short orders should pay attention to the status of their accounts. If they cannot bear the risks caused by its rise, close them in time to avoid account loss.
Trade active:
There was no breakthrough resistance, and it rebounded again after backtesting the support of 2383-2377.
Trade active:
The short order profit in the 2404-2416 range is very good. It is currently close to the support near 2383. The trading idea continues to maintain the rebound short position.
Trade active:
It is rebounding, the 1h indicator is biased towards the long side, go long when it falls back, or go short near 2408-2416

Join my Telegram channel:
🥂 Free VIP signals
🥂Daily market analysis Account
🥂management Monthly profit of more than 3000 points:

t.me/AllenSignalsChannel


t.me/Allentvc
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.