XAUUSD short

Aktualisiert
Once in a lifetime opportunity

Here we go with Curved support and resistance

By parallel shifting curved support to fit resistance, this line gives us clear confirmations about market highs and lows.

So I think this time, we got to short XAUUSD because:

1. Hit resistance line
2. Exhausting trend ending candles (big body)
3. Easing geopolitics (Isreal - Hamas, US - China)
4. Fed policy cut probability shifted to early Autumn
5. China's bought lowest MoM tons of gold in March
6. There is a 2.5% chance to continue gold rally (9%+ return in 2 month in a row)

And also in LFT

We have an ascending channel which is reversal pattern.

So lets earn tons of PiPS in upcoming two months.
Anmerkung
Now we add some positions because we have confirmations about market high, and volumes. So add positions
Chart PatternsTrend Analysis

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