Xasusd
Hellena | GOLD (4H): Short to 38.2%-50% Fibonacci lvl 1840.Dear colleagues, I assume that the price will make a small correction to the 38.2%-50% Fibonacci level area of 1840. Once the target is reached, I will scrutinize the situation. It is quite possible that after that the price will renew the high of 1865. 1865 is the level of zeroing and in this case we will have to redraw the waves.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
How to operate after XAUUSD is shorted?
After breaking through 1820, gold formed a reversal and rose above 1840. Although the rise was quite strong, in the short term, there is still some distance to the resistance level of 1848. My bearish view remains unchanged as my funds are relatively sufficient and I can continue to add short positions at high levels.
If you have already taken a short position, it is best to tell me your entry position. If your funds are sufficient, you can also add short positions at high levels appropriately like me. If your funds are limited, do not add positions to avoid forced liquidation. As everyone's situation is different, it is best to leave me a message, and I will provide you with the most secure advice.
I will also update the latest operations in a timely manner for friends' reference. Thank you for your likes and attention. I am with you and only do the most authentic trading. I hope I can help you.
FOREXCOM:XAUUSD