FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Since there is no data today, we will only do technical forms. The current trend is still short. It is expected that there will be a wave of decline after the US market opens. You can continue to short and set SL to control risks.

Because the U.S. trading time usually fluctuates greatly, if you make a mistake in judgment, setting SL can also avoid some losses, especially for small capital accounts. You can set it up or not for large capital accounts as you like.

The important resistance today is concentrated in 1998-2006, and the support is 1984-1978. If it falls below, look around 1973-1969. If it breaks upward, the vicinity of 2012 will become a strong resistance.

Of course, if your account funds are enough to support it, you don’t need to set SL, but the lot size must be controlled. When we do transactions, we must first ensure the safety of the principal, and then talk about profits on the premise that the principal is safe!

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