XAUUSD:Short, target 2143-2134
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After breaking through the downtrend channel, gold once again reached the resistance range of 2164-2172, and the technical form is temporarily favorable to the bulls.
From the perspective of the overall general trend, this adjustment is not over yet, so large-level transactions are still based on high-level short selling. The target is the 2143-2134 range. When the price reaches here, large-level long transactions can be considered.
Of course, this must be based on the fact that the support is effective. If it falls below, there is a high probability that it will fall below 2100 next week and reach around 2097-2090.
After breaking through the downtrend channel, gold once again reached the resistance range of 2164-2172, and the technical form is temporarily favorable to the bulls.
From the perspective of the overall general trend, this adjustment is not over yet, so large-level transactions are still based on high-level short selling. The target is the 2143-2134 range. When the price reaches here, large-level long transactions can be considered.
Of course, this must be based on the fact that the support is effective. If it falls below, there is a high probability that it will fall below 2100 next week and reach around 2097-2090.
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