usdclub

Above 1800 is mainly short

Short
usdclub Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
The current price is around 50% of the 1959~1676 Fibonacci retracement, and 1818~1828 is the current pressure range, and it may not necessarily break through this area. The daily chart may show a high doji pattern.
Comment:
That is a bearish wedge in a downward channel.
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If it rebounds to around 1800 again, You can look for opportunities to increase short orders.
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Looking at the chart in the opposite direction, you will definitely not go short at this position
Comment:
1W chart potential bearish AB=CD pattern

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