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XAUUSD:Today's trading advice

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

The dollar in the current conditions out of the unilateral slow rise, but will not always maintain a rising posture, Friday optimistic at the high to adjust space, although gold in Wednesday, Thursday out of the fall, but like the trend of the dollar, will not always appear unilateral decline, sharp decline, and not to mention gold's long and short trend point 1935 did not break. Therefore, the core idea of today's market is that gold remains weak, but there is room for adjustment. Determine the core idea, the transaction should still be analyzed in the intraday. From the plate point of view, Wednesday, Thursday's continuous decline, daily suppression at 5, 10 such as the average below the continuous closing negative, there is no doubt, this weakness is very obvious, as long as it does not break the unilateral average suppression, can not be bullish space, we do not emphasize here there is a big rise, but emphasize the upper suppression, today the suppression point in 1956, 1970, the daily close small white line is likely, but if the continuous decline continues to close negative, below do not guess the bottom, because below the trend point 1935, gold will usher in a big fall of space. The decline state of the H4 cycle is also very obvious, Wednesday Thursday's consecutive decline prompted Bollinger to speak, temporarily or extremely weak performance, the cycle of moving average suppression point around 1955, so, consistent with the daily suppression point, synchronous determination of the point is very effective, then, intraday to pay attention to the gains and losses of 1955, if 1955 does not break, continue to weak short, below can be seen 1935, below the bullish bearish, if 1955 broke, gold will fall into a shock cycle at the end, may look at the 1965 high. For trading, today can not be like Wednesday, Thursday to shout short, but to pay attention to key points gains and losses, intraday changes.


Today's trading advice

gold:sell@1955-1960 tp:1940-1936

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