freddeal

Gold is bearish next week at 1840

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


Next week, gold trading will focus on the position of 1930. When going sideways, you can see the support at 1905. If the market falls below it, it will fall all the way. A big drop may occur in the last two weeks. The signature 1885 position will not be the bottom, and the market will continue to appear. 1840 or even 1800 is very likely. With the strong recovery of the US dollar, looking at the 8-week positive streak, if gold starts to dive, we can only add positions to catch up with the market. Gold currently closes at 1919, and it can be directly traded next week. Just add a short position after a small rebound


Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
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