Yesterday gold in the high stalemate, for the current market, first of all, gold chart has obvious signs of double top, and today is the end of the week, today's closing price will affect the trend of next week, if next week to fall, then today must fall, at least the weekly line should also charge the upper shadow, otherwise next Monday there is the possibility of testing the high again.
Of course, weak gold will not give too much room for pullback, so the trading strategy recommends that gold short to set a stop loss above 1965 to reduce risk, and the first target below 1952 to take profit and reduce positions
Gold Trading Strategies Today:
xauusd sell@1960-1965 TP1952-1945
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From the position, the 1963-65 level is the key resistance level on the weekly and daily lines