Wealth_Barometer

XAUUSD: Sell above 1970

Short
Wealth_Barometer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold 1970 empty order has entered the market, continue to maintain the bearish thinking unchanged, the rebound is directly empty, and the bearish breaks a new low!

Plan your trade, trade your plan! Now that gold is in an obvious downward trend, you can directly go short if you rebound in operation! If the trend is down, you can operate according to the principle of homeopathic!

The current gold decline is gloomy, and there is no signal to stop the decline. It is only one step away from breaking the new low. The current rebound is another opportunity to short again! Directly empty!
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Gold fell to 1964 yesterday and then rebounded. It rebounded to 1980 and fell back again. What I want to say here is that the general direction of gold is still in a bearish downward trend, and the short-term maintains a shock within the 1950-1980 range. Everyone should take advantage of the opportunity to sell short.

Unless there is a strong pull up and breaks through 1985, we can stick to Sell to the end.

How much money can be considered to increase Sell in the rebound
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The current price has fallen to around 1960. Whether it is Sell around 1985 or Sell above 1970, we are now making a lot of profits. Later, Fed Director Waller will give a speech on the economic outlook, so I suggest closing positions now to make profits and avoid comments. Leading to a rise, close the current price as soon as it is good, and wait for a new signal with peace of mind.
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