JasonSong

XAUUSD: the drop of 10 dollars happened as we expected

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Remember "direction is more importance than lever" as I explained in the "tips".
Former analysis:

XAUUSD didnt rise up to 1585, where is a perfect place to set short orders, but the drop yesterday proves that it's closing to resistance, it's just not as high as 1585, it's 1575 instead.


TIPS:
1. ABOUT PRINCIPLES: TREND/direction > POSITION/level > PATTTERN/signal
2. ABOUT PATIENCE: TRADE LIKE A DROID WHEN THE MARKET IS CLEAR TO YOU, AND LIKE A SNIPER WHEN NOT
3. PLEASE ALSO REFER TO MY FORMER ANALYSISES LINKED BELOW, WHICH ARE ALL RELEVANT TO THE CURRENT MARKET, AND HIT THE "LIKE" BUTTON IF MY ANALYSIS IS HELPFUL TO YOU.

THANKS FOR YOUR SUPPORT AND GOOD LUCK TRADING!

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