Short-termTaurus

Will the gold bulls exert their strength?

Short
Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold layout analysis: The gold welfare strategy deployed on Tuesday wins both long and short positions. At present, from the perspective of gold trend, it is at the key point of long-short conversion. Since it fell to the 1884 line and established the bottom position, gold has been fluctuating between long and short. Today the highest hit the 1905 line. Judging from the overall trend, the bulls may have to exert their strength. Judging from the current trend, there is still a lot of room for growth above. Looking at the intraday trend, from the opening to the current position, it has been oscillating and rising above 1900, which also shows that today's market trend is very critical. If you can effectively stand above the 1905 line, you can directly look at the upper 1912 position. However, it is still necessary to xi, Australia and New Zealand to soar high and fall back. Today's operation is still based on high altitude.



Back to the topic, the gap below 1870 in gold has not been covered, and the Federal Reserve spoke this Thursday night. If it continues to raise interest rates, it is bound to go down again, so the overall trend is still dominated by shorting.
Today, let’s first look at the 1905-1907 line above, and reach this range to find a high point and enter the market to sell short

SELL: 1905~1907, SL: 1912, TP: 1897

Europe and the United States fell below the 1895-1893 line, you can participate in long

BUY: 1895~1893, SL: 1888, TP: 1905
Trade active:
I work too much every day, so today's analysis comes a little later. transaction has started
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