Gold is short, look at 1926

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Ouro/Dólar Americano (OANDA:XAUUSD)

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OANDA:XAUUSD Ouro/Dólar Americano

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We continue to maintain the high altitude on Friday, and the resistance level continues to fall, from 1970 to 1962 and then to the 1950 line. It is obvious that the high point continues to fall, and the slope is also downward. The current pressure level is constantly blocked, and the short-term K-line Still empty, the bottom even reaches the 1900 line

The golden four-hour line continues to close the big negative line entity, and directly breaks through the support level of 1930. The K-line is below the 50 moving average throughout the whole process. The three big negative lines directly move down the 10cm long negative line. The lower target level must break through Friday's low of 1926.

Operation strategy: short gold from 1950 to 1945, stop loss 1958, target 1926

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