short-term-catcher

Gold rebounded in place, 1903 shorted gold

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold still failed to break through the downward trend line in 4 hours. Although the rebound seemed ferocious, it was actually only a flash in the pan. The 4-hour downward trend line resistance is around 1903, and the U.S. market rebounded at 1903 and continued to dry up. Even if gold does not fall sharply now, it will only fluctuate, and it is unlikely to directly rise strongly in a deep V.

US market operation ideas

Gold 1903 short, stop loss 1911, target 1890-1885;
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Comment:
Gold picture pressure level, short selling in 1920-1923
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