XAUUSD:You can make money by doing this

26 Mar

Gold fell today after encountering resistance near the previous high, and then found support near the upper edge of the previous shock box. It is currently oscillating within a narrow range.
From the 1h chart, we can see that the resistance is now back near the upper edge of the box at 2185. At the same time, the MACD indicator has now formed a dead cross, but there are signs of a turning head. The BOLL indicator is now near the mid-rail resistance, combined with a smaller Analyzing the level of MACD indicator, the probability of breaking through the BOLL mid-track is relatively high, and the main resistance will appear near 2185.

As shown in the picture, my trading strategy is to consider starting short selling near 2185-2192. The target is around 2169-2164

Please go to the homepage for more detailed strategies. Follow me and trading is that simple.

27 Mar

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