Trading-Sta

Gold rebound near 1912 can be shorted

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OANDA:XAUUSD   Золото / Доллар США


In terms of gold, gold is under pressure from the 1917 high in the European market and the middle rail of the Bollinger Band on the hourly line weakens and breaks low, breaking low and sideways, releasing a very weak signal in the short term. The probability of continuation at night is relatively high, and the upper pressure is at the pressure high point 1912, at the same time, the pressure on the middle track of the hour line also moved down to 1912. The key watershed in the day is the high point in the morning trading. At the bottom, we need to pay attention to the short-term formation of a downward trend line support and move down to around 1900. If the U.S. market falls below it, it can be reversed for a second time.
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