XAUUSD: The calm before the storm
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I started to be short and bearish on gold yesterday, but due to the impact of the US holiday, the market fluctuations are limited! But our thinking has always been very clear! Just shorting! Yesterday reminded 1930 to be empty, and continue to be short today!
From the hourly chart, gold is oscillating at the bottom, and the rebound period has gone through the rebound of the small five waves, and the second test has formed a second high! Show that the rally is over! Next will start the decline in the shock process! Empty, European and American markets continue to be short and bearish, and the lower support pays attention to the position of 1915! Once the position is broken, we will continue to look at new lows!
From the hourly chart, gold is oscillating at the bottom, and the rebound period has gone through the rebound of the small five waves, and the second test has formed a second high! Show that the rally is over! Next will start the decline in the shock process! Empty, European and American markets continue to be short and bearish, and the lower support pays attention to the position of 1915! Once the position is broken, we will continue to look at new lows!
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Just now we sold at 1926 and closed the position with a profit below 1920. Although the profit is not very large, this short-term and effective signal is also very good
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When gold rebounded to 1925, we sold again, and today we made 3 consecutive profits. This is the charm of Super Golden Week. There will be greater volatility tomorrow and the day after tomorrow, and more opportunities
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