Explorer-k

XAUUSD:Short selling near 2200-2205

Short
Explorer-k Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold began to rebound after a slight correction, but the decline did not meet expectations. However, judging from the trend, it still continues to fluctuate in a range, but several trading points are relatively clear.

As shown in the figure, 2195 is still used as the dividing point, and 2200-2205 above is the pressure level, which can be shorted. In this way, the TP points below are 2190-2186 points.

If you want to go long, 2185 is a support level, so whether you go long or short near 2195, there will be profit margins. The idea of ​​mainly bulls and auxiliary shorts remains unchanged.

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