XAUUSD:It will fall below 2100

Our short trade was very successful today with considerable profits. Congratulations to those who followed.

At present, in the 30m chart, the indicator needs to be repaired, so in tomorrow's session, the trade will be long at a low level first. After rebounding to around 2186-2192, observe the resistance. If it cannot break through, start shorting. The strong resistance is around 2196-2202.

If the resistance cannot be broken through, the support below will first be considered around 2169, followed by the 2161-212 range.

In the 3h chart, the short trend is now more obvious, and the demand for indicator repair is strong. Therefore, large-level transactions are mainly short, especially above 2200. You must not be greedy when doing long.
If there is a profit, close it in time. The risk of short position is relatively much smaller.

After all, the market has risen so much, and if it goes up again, it will be a new high. This requires the bulls to be very strong, and at the same time, it needs the cooperation of the news to be completed, but there are not so many conditions for the downward trend.

The above is my opinion on the future trend of the market. I share it with you for your reference. If you have any questions, you can leave me a message. I wish all my friends can make a lot of money!

Trade ist aktiv:

The market has begun to move. Long traders should pay attention to the support near 2176, and short traders should pay attention to the resistance near 2193.

Trade ist aktiv:

Let’s make a rebound first. If 2174 cannot break through, close the long position and go short, with the target near 2152.

Trade ist aktiv:

The current market fluctuations are relatively small. Please wait patiently. Friends who do not like risk should not trade for the time being, or go short directly, because the general trend is short, the upward momentum is not strong, and the amplitude is also very limited. It is very difficult to break through the strong resistance 2174.

Trade ist aktiv:

If the 2169 support is effective, it is expected to rise to around 2185-2191 today. After reaching here, try to focus on short trading.

Trade ist aktiv:

Support 2169-2162. If it falls below, it will most likely reach 2134

Trade ist aktiv:

Fall back and continue to go long