UnknownUnicorn55352658

XAUUSD:Can gold break through 1950?

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

In terms of intraday operation, the main idea of gold is to adjust expectations, but because of the early fall release overnight, a lot of short space has been overdrawn, so the operation of intraday short orders is difficult.

1. If the intraday market rebounds, the pressure test of 1965.1967.1968 can be shorted in batches, and the morning aggressive can also try to short light positions around 1960.

2. If the intraday market falls below the 1950 support, it can theoretically chase the short, but also consider the choice of point, and you can chase the short after the breakdown, and then chase the short around 1955.

Action recommendations:

Gold:sell@1965-1970 tp1 1955 tp2 1948


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