Continue to sell short after rebounding in 1988

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Ouro/Dólar Americano (OANDA:XAUUSD)

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OANDA:XAUUSD Ouro/Dólar Americano

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The gold four-hour line continues to maintain a short position. At least the negative line continues to decline, forming an obvious top signal and closing the upper shadow line. The large negative line physically breaks through the 50 moving average, and at the same time covers the rebound range of the positive line. The K line cannot reach it. The current K line continues During the downward trend, the 50-day moving average has clearly turned downward, and the resistance level has continued to fall, from 2010 to 2000, and then to around 1988. Go short, and go short at 1988.

Operation strategy: short gold at 1988, stop loss at 1995, target at 1952

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