Allen_Ex

XAUUSD:Go long first, then go short on Monday

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Allen_Ex Atualizado   
FOREXCOM:XAUUSD   Ouro/Dólar Americano

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.
Trade ativo:
point of view maintained
Trade ativo:
Support 2162
Trade ativo:
So far, the market trend is still in line with expectations. Next, we will see whether it can break through near 2183.
Trade ativo:
If the 2162 support falls below, then there is a high probability of falling below 2150.

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