Gold is weak and continues to rebound and go short

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Emas Semerta / Dolar A.S. (OANDA:XAUUSD)

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OANDA:XAUUSD Emas Semerta / Dolar A.S.

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Looking at the daily line, the Bollinger Bands have closed, and the price has continued to retreat from the high point. As the price continues to fall, the support of the Bollinger Band has also fallen. At present, there is no sign of stabilization, and the short-term price is still there. Room for downside. At 4 hours, the Bollinger Bands opened downward, and the price encountered resistance and fell after rebounding to the middle track. The trend fluctuated and was bearish. The intraday operation idea is to continue to rebound and go short. In the short term, pay attention to the two resistance positions above. One is the top of last week's rebound. The bottom conversion position is the 1945 line, and the other position is the resistance of the 4-hour Bollinger Track, which is the 1953 line.

Operation strategy: short the rebound area of 1943-1945, stop loss 1948, target 1930

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