XAUUSD: Gold encounters resistance, ready to Sell
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The rebound has ended, and the callback will start next! Ready to Sell
Gold is now in a shock adjustment trend, but not a new wave rise, these are two completely different forms! Go with the trend in the trend, sell high and buy low during the shock! Just as we are mainly short on Monday and Tuesday, we are long and bullish on Wednesday, and now we are selling again! Trading should formulate strategies according to the market, use strategies to guide positions, and then make profits!
Now the gold rebound is near the high pressure before the resistance, and the upper rail pressure of Bollinger is 4 hours after the resistance. The key support of the resistance during the shock process is not thinking of breaking through, but falling back, so the European market began to sell, bearish
Gold is now in a shock adjustment trend, but not a new wave rise, these are two completely different forms! Go with the trend in the trend, sell high and buy low during the shock! Just as we are mainly short on Monday and Tuesday, we are long and bullish on Wednesday, and now we are selling again! Trading should formulate strategies according to the market, use strategies to guide positions, and then make profits!
Now the gold rebound is near the high pressure before the resistance, and the upper rail pressure of Bollinger is 4 hours after the resistance. The key support of the resistance during the shock process is not thinking of breaking through, but falling back, so the European market began to sell, bearish
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