Gold Spot / U.S. Dollar
Short
Updated

XAUUSD:Current trading strategy

snapshot

The market maintained its bearish trend as expected. As shown in the figure, the subsequent market shock range will gradually narrow, and the upward pressure will gradually decrease. The current pressure level is around 2162. As the pressure moves downward, there is room to fall below. It will also open slowly. Then the important support level below remains unchanged at 2140, followed by around 2123.

Therefore, the current trading range strategy: trade around the 2162-2140 range.

If you need precise strategies, please contact me directly and follow me. Trading is that simple.

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