XAUUSD:Short gold

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Gold recently hit a record high of 2220, and then experienced a mixed inverted V-shaped reversal trend, falling to around 2160 and fluctuating downwards. The daily high closed with a long rising star line, and then continued to fall, showing a short-term signal that the evening star peaked; the weekly line also closed with a shooting star line, confirming that a large number of short sellers suppressed gold, and gold is expected to usher in a reversal and decline.

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Now that the Air Force has successfully launched a counterattack, there has been an obvious signal of peaking. A large number of shorts are expected to remain under pressure this week. Then we can continue to maintain a bearish mentality. The key today is the 2166 watershed. There are already signs of a breakout of this level. If it falls below the 2160 mark, I personally expect it to accelerate the downward trend and test near 2153. If it rebounds, just focus on the pressure near 2173.

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As shown in the picture, strategy: 1; shorting near 2165-70, near SL2175 and TP2153

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2; Buy long near 2153, near sl2148, tp2162-2166


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