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XAUUSD:2088 attachment has peaked, short selling is the main foc

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Harmonic Patterns Trend Analysis Technical Indicators XAUUSD xauusdshort tradingidea goldtradingstrategy xauusd4h trading forexsignals Forex
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harmonicpatterns trendanalysis indicator xauusd xauusdshort tradingidea goldtradingstrategy xauusd4h trading forexsignals forex
snapshot

Excluding news factors, from a technical perspective, gold's short-term peak signal has appeared, and short selling will be the main focus.

The tradable range is as shown in the figure,
You can buy short positions in the 2082-2088 range, with the first target near 2065. If this position can form support, gold will rise again, and the increase may exceed 2088.

On the contrary, if this position cannot form support, then you can continue to buy short positions. The second target level is around 2042-2045.

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Trade closed: stop reached
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