UnknownUnicorn60055110

GOLD:Trading strategy

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

Gold today is the same as I predicted, falling as low as the 1915 support point.

I judged this morning that gold will test the three support points of 1921, 1918, and 1915, but I don't know which support it will fall to.So my trading order in 1927 ended up in 1921, but today it rose many times and did not break through 1927. After falling to 1925, I decisively sold again, and finally the support for 1915 was very strong.

The market changes very quickly every day, and you must adjust your strategy in time so that your chances of making a profit will be higher.

Now that gold is near 1916, we need to observe how strong the support of 1915 is. If it falls below again, then we must test the support of 1910, 1905, and 1900.

At present, gold is still in a downward trend, and the above support point becomes a resistance point, so you can choose to sell at a high level.

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Comment:
If there is no chance, keep waiting
Comment:
Pay attention to the support strength of 1903-1907 below
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