XAUUSD:Waiting for the bear's counterattack
https://www.tradingview.com/x/LN9u8dXQ/
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack.
Now it depends on whether the bear will seize this opportunity to fight back.
For now, resistance is concentrated at 2043-2047, while the trend line is at 2039-2036 (which will get higher and higher as time goes by). If the bulls want to continue its trend, it is better not to fall below this level. If it falls below, the pattern will be destroyed
(I prefer that the bears will counterattack)
In terms of trading, I will continue my short selling plan above 2040.
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack.
Now it depends on whether the bear will seize this opportunity to fight back.
For now, resistance is concentrated at 2043-2047, while the trend line is at 2039-2036 (which will get higher and higher as time goes by). If the bulls want to continue its trend, it is better not to fall below this level. If it falls below, the pattern will be destroyed
(I prefer that the bears will counterattack)
In terms of trading, I will continue my short selling plan above 2040.
Trade ativo
Shorts profit, watch for 2039 resistance
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.