Taurus888

XAUUSD trading diary

TVC:GOLD   CFDs on Gold (US$ / OZ)
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U.S. dollar index: On Thursday, the U.S. dollar index remained strong, and it fluctuated and rose, breaking some positions; today, the U.S. dollar index continued to rise and continued to set new highs, which also verified yesterday’s view that the U.S. dollar index’s high point has not yet reached its peak. Appear! Today is verified. The current trend, the author's point of view is - the US dollar index has not yet reached a high point!

Today's U.S. dollar index will fluctuate and rise to test the pressure of the high point above. The initial position is around 105. Therefore, continue to be bullish, and the intraday retracement to 103.8-104 is bullish;

Gold: Gold fluctuated downward in early trading, and after midday, the idea of ​​shorting rallies continued. 1830-1835 is the downward pressure position in the early trading, so as a support, continue to sell short.

Among the daily K, the only thing to worry about and be cautious about is-beware of bottoming out and rebounding on Friday. The recent decline, the intraday decline, the European market fell, the U.S. market fell in the first half, and the second half was washed up; the next day continued to fall; this rhythm trend should be paid attention to. A pull up.
In other respects, Europe, America, Pound US, Australia US, and Niu US all focus on downward adjustments under pressure. XAUUSD
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