XAUUSD: Waiting for rebound Sell
Updated
The downward trend of gold has not changed, but it did not continue to make a new low yesterday, which also shows that there is a need for market adjustment! But the rebound is not strong enough, and it is still a short trend! So today, wait for the rebound before going short. You can rely on the pressure near 1830, the high point of yesterday's rebound, to continue to go short. If it is close to 1830, you can go short directly!
When the trend is down, every rebound is a short-selling opportunity! And even if the short position is not good, you can continue to add positions after the rebound. There is only one final result, continue to break new lows! The shock is for another better decline!
Today, relying on the high pressure of yesterday's rebound, we will continue to go short. We will first look at the shock adjustment during the day, and continue to look at new lows in the US market! The target support below is still 1800!
When the trend is down, every rebound is a short-selling opportunity! And even if the short position is not good, you can continue to add positions after the rebound. There is only one final result, continue to break new lows! The shock is for another better decline!
Today, relying on the high pressure of yesterday's rebound, we will continue to go short. We will first look at the shock adjustment during the day, and continue to look at new lows in the US market! The target support below is still 1800!
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