Allen_Ex

XAUUSD:Go long first, then go short on Monday

Lång
Allen_Ex Uppdaterad   
FOREXCOM:XAUUSD   Guld / USA-dollar

The indicators in the small-level chart began to show the weakness of the bulls, but the bulls at the 1h level have not yet exerted force, indicating that there is still room for upwards.

After the market opens on Monday, we will continue to pay attention to the resistance breakthrough of 2169 first, followed by the vicinity of 2174-2183. If it can break through, we can look upward to the vicinity of 2188-2192.

After that, we will start to go short, because if it goes up again, the resistance will be very strong. Without news stimulation, it is basically impossible to rise much further.
Handel aktiv:
point of view maintained
Handel aktiv:
Support 2162
Handel aktiv:
So far, the market trend is still in line with expectations. Next, we will see whether it can break through near 2183.
Handel aktiv:
If the 2162 support falls below, then there is a high probability of falling below 2150.

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