freddeal

Gold 1946 first-line short position

Short
freddeal Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar


In the days approaching Labor Day in the United States, the overall market fluctuates within a narrow range, but the medium-term monthly chart is bearish, and the weekly chart is bullish. After the callback, it continues to rise. There is a K cross on the daily chart. Today is the time to verify this cross. The negative direction is as follows, indicating that the short-term rebound is in place in stages, otherwise it will go higher after the shock. Combined with today's chart, focus on the first line and upper track of the daily chart. The short position here has not been broken, and the four-hour downward line will be focused on below. This is also the suppression of the trend line. A breakthrough means a formal correction. Friday can only be said to be a normal technical correction of the previous rise. The resonance point is the upper trajectory of the hourly chart, the four-hour acceleration line and the first-line daily chart. The upper line resonates with the acceleration line of the hourly chart, so my personal expectations for today’s high altitude are more reasonable, so the comprehensive conclusion is as follows:



Intraday short position 1945.5-46 short position, closing loss 48, low position can be out first 40, high position conservative negative 40, aggressive holding, see 38-34-31 breakout rebound 37-40 add short, look at 26-20.
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It's starting to fall, guys.
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You've made your money, bro.
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Stable income is no problem
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