Gold Tuesday Trading Strategy

1 Nis

Gold rose again after the opening of the day, and rose strongly to around 65, which also allowed the bulls to perfectly release the energy of the impact. At the same time, it is also very likely to continue to wash away the short orders that were stranded in the early stage, so the short-term counterattack will also It directly exhausted the energy of the bulls. After hitting a new high in the early trading, the European and US markets formed a downward trend, and the wave of counterattacks before the US market also perfectly explained the short-sellers' decline in the European market. Counter-drawing before the market is still an ideal position for short sellers to place short orders, and as the U.S. market continues to fall, the top position of the big negative line formed by the hourly decline will also be the point for gold to continue shorting in the later period and suppress the counter-drawing. At the mouth, the current position will also be maintained around 2246-2247, and the support below will also be the area near the previous high point 2222-2220. After rising and falling during the day, a large negative line with a long upper lead will be formed. It may be a signal that bulls have reached the top in the short term, or it may start a wave of decline. The first target below is maintained near 2200. In the short term,
short term operation strategy:

SELL 2246-2247 sl2253.5 tp2230-2220

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