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Gold Spot / U.S. Dollar
Short

XAUUSD:1990-2000 Sell

By Reliable_Trading
Updated
snapshot

Looking at the daily line of gold at present, the lower support should be around 1965, which happens to be at the ma30 moving average.

snapshot

And we can see the trend from 1808 to 2048, and the 618 split position is exactly at 1955.

Therefore, the current important support interval threshold of the daily line should be here at 1965-55.

And we can see from 4 hours:

snapshot

The support of the lower trend line is also here at 1965-68, so I think the first drop to 1965-68 will definitely be repeated again

Trading straregy:
1990-2000 Sell
TP: 1970-1965
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If you want to get more and more detailed trading strategy guidance, you can enter the channel and contact me
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The decline has already started, there is no Sell yet, hurry up
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XAUUSD: 1993-1995 Sell
TP1:1980
TP2:1970
Note
Gold is going to fall below 2700 points.
Chart PatternsFundamental AnalysisgoldpredictiongoldtradingsetupgoldtradingstrategygoldtrendTrend AnalysisXAUUSDxauusdsellxauusdsetupxauusdshortxauusdsignal
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