Allen_Ex

XAUUSD: Sell 2026-2032

Short
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Last Friday, gold experienced a wave of decline due to the news, and began to show signs of rebound near 2018. In the 15- and 30-minute charts, the shape is conducive to the bulls, and there is a high probability that it will rise in the Asian market, while in the 4h chart , the shape is more conducive to shorts.

Therefore, from the perspective of the general trend, short positions have a better chance of making money, so our transactions will follow the trend and we can conduct rebound long transactions during today's Asian trading time.

Pay attention to the resistance near 2026-2032 above. The probability of breakthrough is low. Short transactions can be conducted in batches at this position.
Trade active:
Long orders have begun to make profits, and the 30M chart shows that the bull is about to rise. If the profit is good, close it in time to prevent a rapid fall back and loss of profits.

In the new week, I hope everyone can make satisfactory profits. Good night!
Trade active:
Perfect profit in the first battle!
Trade active:
U.S. market time is coming soon, pay attention to the resistance in the 2026-2032 interval
Trade active:
2026 resistance still exists
Trade active:
Waiting for the evening news, the probability of being negative for gold is higher
Trade active:
The market has fallen, short orders will be profitable near 2032

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