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Allen_Ex

XAUUSD:Continue to short

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdbuy xauusdsell xauusdidea xauusdforex
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trendanalysis chartpattern xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdbuy xauusdsell xauusdidea xauusdforex
snapshot

It is currently in a very obvious downward trend channel. As long as the resistance is not broken, shorts will have a great chance to make money.

So in yesterday's view, I mentioned the resistance of 2164, and the market fell back after hitting this point.

It is now in the middle position. Whether it is long or short, there are actually opportunities, but don't trade too many at one time. The upper resistance is near 2162-2166. If you can't break through, you can try to go short. This space will be larger.
Trade active:
Continue shorting if it does not break 2153
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