Allen_Ex

XAUUSD:Short rallies today

Short
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Last week, it continued to oscillate in the 1950-1963 range. So far, the support around 1950 still exists, and the resistance is concentrated in the 1958-1963 range. In the case of a long-term sideways market without breaking, the probability of the market going down is relatively high. So the trade should be short rallies.

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Short position makes money, you can choose whether to close it according to your expected income
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