Allen_Ex

XAUUSD:Short, target 2358-2333

Short
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

The 3h chart indicator has formed an obvious bear trend. In small-level trading, there is some rebound demand on the 30m chart, so the next focus is to focus on the resistance 2378-2383 during the rebound process.

If it cannot break through, the short forces will be concentrated again, and it will inevitably fall back to around 2333, so if you can seize this opportunity, it will bring you huge profits.
Trade active:
Hit the first target
Trade active:
Observe the resistance near 2372. If it cannot break through, continue to short.
Trade active:
The bulls have not completely relieved their efforts yet, and there should be room for growth. Pay attention to the resistance in the 2378-2384 range and go short.

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