Richard-Wagner

Gold 30_31 short, break the position and follow the short direct

Short
Richard-Wagner Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Life is in the world, and the grass and trees are in the autumn. Whether it is a happy time or a sad moment, time is moving forward without hurry, and it will not stop more for anyone's nostalgia, nor will it speed up the pace because of whose boredom. Life is not satisfactory, the self in the past life is no longer speculable, the current self is experiencing big and small gains and losses, some mistakes are irreparable, and some beautiful fragments have become dusty memories.

Gold, yesterday's black line retracement, closed in the bald head barefoot pattern, also directly fell below the support of the short-term moving average system, the lowest touched the 24 line after a temporary stop, and the continuous rise of the market, a long time in the high sideways, if it has been maintained above the support level of operation, it is likely to be the effect of correction, such as a long time without the intention of breakout, then it is very likely to reverse the retracement, and then it directly fell below the support 30 line below, then it is very likely to reverse in the short term, at the same time, the moving average system has also broken, The weekly 5-day line also directly broke, the bulls' upward momentum is about to be damaged, and the current need to note that since it has broken the 30 line, we still need to follow the market to further short, this position is also our short-term entry point, if the European market stands at this position again, and there is no weakness, it still needs to be adjusted, and the primary support below is maintained at the 20 line, then intraday gold we still maintain short around 30-31, the target is around 20-15, loss 36.5.
If you need help with your transaction, you can contact me
Trade active:
Gold is currently rising slightly, waiting for buying opportunities
Trade active:
I once again judged the trend perfectly, making money is as simple as that
Trade active:
Work with me and execute my strategy to make money,
Trade active:
The market is completely based on my judgment.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.