Trendhand

Gold sold directly around 2150

Short
Trendhand Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold market analysis

Now the short form of gold is obviously a step back after the rally
This wave of space will be large, on Friday we in 2170 and 2164 two layout empty single harvest, the morning price broke the 2150 support, this position once again determined the short-term downward trend!

This week, look at the high fall, the second half of the week will have a rebound!
The small negative line of the weekly line or does not change the weekly line level of the bulls, if this continues to fall, the weekly line will appear, and it is difficult to come here later, we are a trend trader, but also a follower, today we focus on looking for empty opportunities.

Looking at the above analysis chart, the 2150 break can indeed be the beginning of a new wave of bears, and it is a wave of triangle shape performance is very perfect, without any big pull, today we rely on the small pressure of 2156 to sell, can also sell directly, do not break 2163 our analysis of ideas can not be changed.

The support is not visible, the pressure is 2156, 2163, the dial strength is 2156.

gold
Sell directly around 2150,
Target 2133-2110
Trade active:
Trade active:
Gold has reached our sell position!
Trade active:
Anything below 2160 is a selling opportunity
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.