Explorer-k

XAUUSD:2165-2170 short selling

Short
Explorer-k Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Life always uses a high-pressure attitude to test our fragile nerves, making us sigh or suffocate. The world is really crowded, and it is difficult for us to find a spiritual habitat. Instead of running away from the wind and rain, it is better to dance in the thunder and lightning. Even if you are soaked to the skin, you can still experience the joy of life. Only when the mind is strong will the flood in the heart slowly recede!

Gold has now begun to correct. The early support of 2165 has now become a pressure level. In the short term, this is also our short position. The lower support level is 2150-2140. I think the support at 2150 points is not obvious, and the most important support point is still near 2140 points. On the other hand, if the bulls move higher for a second time, they will also need to take a break. No matter what the long and short trends are in the later period, a short-term correction is inevitable. It is currently oscillating around 2160. If the price can rebound to around 65-70 before the European market, you can directly consider short selling.

As shown in the picture, buy short at 2165-2170, with the target at 2150-2140.

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