Allen_Ex

XAUUSD:Short to below 1970

Short
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Gold has not fluctuated much today. It is currently near the high level. There is resistance here, but the greater resistance should be around 2052-2058. The probability of a breakthrough here is low, and a sharp decline is more likely.

Therefore, my current trading strategy is mainly short selling, with the target below 1970. This is a relatively large space and requires time and patience.

Of course, I will also do some small-band trading during this process, but the general trend is still mainly short. If you have enough patience and funds, you can try to trade like me.

good luck!
Trade active:
We once again had great profits
Trade active:
Our trading this week has been very smooth and the profits are good. Now the market is about to close. If you have an order in hand, please set a suitable SL for it to prevent unexpected news from appearing on the weekend, resulting in sharp market fluctuations and excessive losses on Monday

If you don’t want to continue holding, you can choose to close it and wait until Monday to start trading again

Enjoy the weekend

Good night

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