Short-term-trading-king

Gold European Market 1983 current price short selling!

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

The downward trend of gold short positions remains unchanged, and the rebound is still a short selling opportunity. The current price of 1980 in the European market can be directly short, and the price continues to be bearish!

There is an obvious downward trend on the golden hour chart, and it is a weak downward trend. It has been running below the Bollinger Middle Track, which is very weak! The rise in the European market is just an opportunity to go short again!

The current price of the European market can be directly short, and the next target position below is still in the 1960-50 area! Only after the Fed's interest rate decision can the market turn around!

Specific strategies

Gold is short at 1983, stop loss at 1987, and target at 1965.
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