Domineeringdeal

Gold soars higher and falls, decline will continue

Short
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar

The overall market was relatively light during the US holiday yesterday, but the rebound of gold did continue to be under pressure around 1949 as expected, and the market also came out of the trend of rising and falling, indicating that the current decline will continue, so today is more critical, the probability of breaking the position Gradually increase. Gold operation recommends selling at 1947, stop loss at 1950.50, target 1940~1935, if it falls below 1925~1917

The gold counterattack failed, and the trend of rising and falling again appeared, indicating that the bears still took the initiative.

The intraday pressure is 1946~1950, and the support is 1936~1925.

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