XAUUSD:Short first and then long

Judging from the current prime time chart:

There is indeed suppression near 2195, but can it be shorted? Is it worth going short? This is what we should consider.

From a trend perspective, gold is still in a bullish trend overall. Shorting requires a certain amount of courage and sufficient ability.

As can be seen from the figure, the current trend is divided into two segments. Once it breaks through the 2195 suppression line, gold will undoubtedly continue to hit the suppression point near 2205.

On the contrary, if it falls back, the short-term level near 2175 will be support.

Therefore, 2195 is a watershed in the short term, and the larger range is traded around 2175-2205.

From a 4-hour perspective, I personally believe that the short-term pressure of 2192-95 is greater, and the probability of going down first is greater, so subjectively it will be short first and then long. Specific strategies vary as the market changes. Friends who are paying attention know that today we have completed long and short gold orders, all of which were profitable.

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