Short-term-trading-king

A short order will win and make a direct profit

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

We directly went short in 2007, and at the same time added to the short position in 2000. The big negative line reached the 1992 line, achieving two consecutive short wins.

At present, the short position is obvious. The rebound is short. The support level of 2000 points has obviously become a resistance. The current pressure is inevitable. This resistance level is strong. The 50 moving average still maintains a downward trend. There is currently no sign of a U-turn. At the same time, the moving average is steep. The degree continues to intensify downward

The hourly line also maintains the rhythm of the big Yin line's decline. The K line directly performs a free fall movement. The big Yin line directly engulfs the rebound range of the Yang line. It also breaks the 1992 line on Friday, and continues to short in 2000.
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