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Allen_Ex

XAUUSD: Continue shorting after rebound

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Allen_Ex  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdbuy xauusdsell xauusdupdates xauusdidea xauusdsetup
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trendanalysis chartpattern xauusdshort xauusdlong xauusdanalysis xauusdsignal xauusdbuy xauusdsell xauusdupdates xauusdidea xauusdsetup
snapshot

After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.
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Related Ideas

Allen_Ex
XAUUSD:2280 is just around the corner
Allen_Ex
XAUUSD:Long first, then short
Allen_Ex
Focus on observing 2427 resistance
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