Short-term-trading

6.14 US market continues to be short

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

From the perspective of the trend, gold is now in the bottom area of shocks, but it has not been able to break through the pressure of 1980, the rebound is weak, and the bears are still the dominant force! Whether the Fed continues to raise interest rates is the key, and it also determines the general direction of gold in the future!

The current market is running in the bearish direction, and our thinking must keep up with the rhythm of the market in time! Going short, the U.S. market rebounds to a high-altitude layout, and pay attention to whether the 1940 support is broken below!


specific strategy

Gold is short at 1958, stop loss at 1965, and take profit at 1948.
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