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XAUUSD: Preparing for high sell entry

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Judging from the hourly chart, the upper trend line is suppressed at 2008-10

and there is a very high possibility of resistance and a decline here.

But there is another possibility, which is to directly break the 2015 high point, because if the main force really wants to slaughter the shorts, then it will definitely break the 2015 high point.

Because there are not a few short sellers last night and today, where will they take the stop loss position? It is here in 2015, so breaking the position in 2015 does not mean that the bulls will continue. On the contrary, if gold really breaks the position in 2015, it will prove that the shorts are out. In other words, it will be our opportunity to go short.

So next, I suggest entering the market at a high position and shorting. I will disclose the specific trading strategy in the channel below.

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