Short-term-trading-king

Gold is poised to plunge

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

Gold is poised to plunge

If your short order does not enter the market, enter the market quickly. If you miss it, it means it is gone. The K-line is obviously weak and the rise is weak. The hourly line has closed numerous upper shadow lines. This is an extremely dangerous signal. A sudden plunge is inevitable.

The K-line is completely in the downward channel, and the high points are successively lower. The K-line just rebounds to the upper edge of the downward channel, realizing pressure, and rubs against the floor again. This wave will inevitably reach the 1950 line, and the gold price once reached around 1952, but This does not affect your arrival today, be prepared to make a long journey
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