XAUUSD: SELL

Happy New Year, everyone!

DXY has signs of rebound in the short term. From a combined perspective, gold trading should still focus on high short positions. First observe the resistance near 2061. If it cannot break through, go short directly. If it breaks through, the upper 2066-2071 is still an opportunity to go short.

The support is 2052-2047, followed by the 2043-2036 range below.

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The resistance range fluctuates, wait patiently

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The market shows signs of choosing to break upward, and short sellers should pay attention to controlling trading volume and SL

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It rose strongly after breaking through the resistance, and now a short pattern has begun to appear. Go short again and wait for today's data.

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For gold, today’s data is favorable to the bulls, but the market reversed direction and first fell and then rose. There was a washout and it is currently testing the resistance near 1981-1985. If it cannot break through, it will continue to fall. Friends involved in trading can pay attention to this range. Gold has been highly volatile recently. During the transaction process, please be sure to do risk management to ensure the safety of your account.