Short-term-trading

The 1940 support has not been broken, and the US market remains

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

Gold is still in a pattern of wide fluctuations at the bottom. Although it continues to decline within the day, there is no real support for falling below 1940. According to the early trading strategy, continue to be bullish at low levels, and 1940 can be directly more!

The current gold is in a wide range of shocks after a big drop, and it is very unlikely that the market will continue to break new lows! Now that gold has fallen to the support area, there is limited room to continue chasing the short! At this time, there can only be more, and treat it according to the wide range of shocks from 1940-1980!

Now the lows are bullish, and the pressure on the top is concerned with the 1960 and 1980 areas respectively! We will not change our thinking until a new direction appears, and follow the trend!

specific strategy

Gold is more than 1940, the stop loss is 1933, and the stop profit is 1960.
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