Domineeringdeal

The 1970-73 regional layout of gold next week is empty

Short
Domineeringdeal Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar

Gold still did not rise overnight, and the layout of 1973 was empty

Gold flashed to around 1973 yesterday, but obviously it still lacks momentum. The big Yin line was covered directly, and the shadow line was also closed at the same time. This is unreasonable. Of course, it will be verified again that the upper resistance level is strong.

The four-hour line of gold price is in a downward trend. The high point connection is in a downward trend, and the k-lines are all in a downward trend. At present, the 1980 line is still difficult to touch. As long as this historic resistance is not broken, my thoughts It is dry short, and at the same time, 1985-40 is also a wide range of shocks as a whole, breaking through the 1940 line, you can increase your position and short

So the direction for next week is very clear. It will be empty below 1980. Once I break through this resistance level, I will adjust my long position in time. I will wait and see

Operating strategy: Gold 1970 empty, stop loss 1980, target 1938

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