Short-term-trading-king

Gold 1973 Short Selling

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

Gold has now turned bullish, but there is also a need for a pullback at the pressure level! The current pressure is the 4-hour consolidation pressure position in the early stage, which is at the 1973 line, which is also the daily Bollinger mid-track pressure position!

There is monthly retail sales data in the US market. Yesterday's data rose sharply. Before today's data, let's look at a wave of correction. Below, we will pay attention to the support of 1960. As long as we step back and stand firm at 1960, bulls will still dominate! Now the 1973 current price game has pulled back and is empty!

specific strategies
Gold is short at 1973, stop loss at 1980, target at 1960.
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