From the chart, we can see that gold is near the upper track of the upward channel. There is a wide space for a fallback. The support area of the lower track is around 2800. Of course, it is still far away, but it also shows that the short position has a huge profit.In the short term, the trend of upward shock today is quite obvious, and it was close to 3020 several times but was beaten back.On the whole, today’s short-term operation strategy for gold is to focus on rebound and short selling.
Short order strategy: short gold in batches when it rebounds around 3033-3035, stop loss at 3055, target around 3020-3010, and look at 3005 if it breaks;
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How to layout gold’s wide range of shocks for OANDA:XAUUSD
From the chart, we can see that gold is near the upper track of the upward channel. There is a wide space for a fallback. The support area of the lower track is around 2800. Of course, it is still far away, but it also shows that the short position has a huge profit.In the…
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