XAUUSD: Focus on 1910, short in the morning for profit

Waiting for the bottom to do long, let’s look at around 1910 and you can go long. Now after a short-term decline, it has entered the consolidation stage, and it is not suitable to open a position for the time being
! ! Congratulations to the early empty order TP leaving the market! !
In the early trading gold, we recommend shorting the first line from 1935 to 1937, and finally calling for a firm offer to buy in 1933, 1923TP

The golden hour line has always been empty below 1937, and any rebound position can be empty. The defensive position is on the 1937 line.

At the same time, the top is still in the form of a 30-minute triple top. This form is more obvious at present. The upper edge of the downward channel still controls the breakthrough of the K-line and is directly suppressed by firepower. Currently, the downward channel continues to be maintained.

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1928 encountered resistance, but the short-term decline market is weak and the speed will be very slow

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Successfully encountered resistance in 1928, opening a new round of short positions

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A breakthrough of 1928 will lead to a further rise, otherwise bearish

Comment:

1928 short profit 30 points +

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At present, 1924 is just blocked at the Fibonacci 0.786 retracement position of 1933, and the decline will accelerate after the breakthrough

Comment:

Already broke 1924, about to reach our estimated TP point

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First target 1921, second target 1910

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Unable to break through, we choose to close and leave, don't leave the risk to tomorrow's Asian market, after all, we still need to rest

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There are still 2 hours to close the market, and we will choose an opportunity to close the position

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1922now

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There will be a new strategy today

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SELL1929-1932.SL1938

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Waiting now

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1927now

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Reached my first goal, 1925T P, with a profit of 40 points, closed half of the position and continued to wait for the second goal

Trade closed manually:

Please close the other half of the order.

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