Short-term-trading-king

Shorting gold near 1967

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

Gold's daily line had a strong positive line yesterday, and it has closed the positive line for 2 consecutive days, but the moving average is still dead cross downwards, and MACD is dead cross below the 0 axis simultaneously to increase the volume. This rebound of gold is the main force using data to promote the rise of gold, and it is just profit-taking for long gold positions. , don’t chase long, gold should still take advantage of the trend to mainly short-term, supplemented by short-term long. Pay attention to the pressure 1970 and 1973 lines during the day. Today, we will mainly rely on short selling below 1973!

gold

Go short near the current price of 1967, add shorting near 1970, stop loss 1977, target 1952-1942
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