Wealth_Barometer

XAUUSD: Rise encounters resistance, prepare to Sell

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold rose sharply yesterday, and we perfectly captured TP1-TP3. Today it hit a new high again and then began to fluctuate. If it is no longer strong, it will weaken! So I am prepared to sell at the current price of 1938, a bearish callback!

Gold's current rise has touched the early intensive trading pressure area and encountered resistance! There is a need for a callback! The U.S. market is bearish and is pulling back, with support below the 1925 area! Buy after receiving support!

Gold is now in a concussive trend at the bottom of the daily line. It will move between the upper and lower Bollinger rails if it rises or falls! Now that the upper pressure area has been touched, start selling! The recent market is concentrated in the US market, waiting for the dive!
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