Gold can continue to be long near 1960

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Gold Spot / U.S. Dollar (OANDA:XAUUSD)

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OANDA:XAUUSD Gold Spot / U.S. Dollar

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Gold still fell as expected and directly reached our take-profit position. We continued to go short near the 1965 line, and all positions were added to the 1963 and 1961 lines. The big negative line directly took profit and left the market. Of course, we predicted during the non-agricultural period. Gold arrived around 1950. Although it came a little late, it was never absent.

I can openly tell you where the empty position is and where the target position is, but whether you can execute it well is your own business. You must pat your thighs often, right?

The golden four-hour line is clearly in a short position, and the resistance level continues to move downward. From 2007 to 2000, then to 1980 and 1970, it is obvious that the wave peak is declining and the slope is also downward. At the same time, the K line continues to break through and go downward. Currently, the big negative line It continues to maintain the trend of breaking through all supports. The 50 moving average is close to running vertically downward. The K line is suppressed by firepower throughout the 1960 short term.

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