XAUUSD: 3/8 gold trading strategy

Yesterday's gold market was mostly volatile, and the pullback was also terrible. Coupled with the blessing of the small non-agricultural data in the evening, the overall decline continued on Tuesday. It fell below the 1932 line, which is a bit unilateral. The bulls are completely suppressed for the time being, and there is no sign of a counterattack, so they generally change their thinking and continue to look at new lows. The current market continues to hit new lows, and the highs are also constantly moving down, indicating that the decline will continue further. In this extreme downward trend, and the data is also negative, today’s initial data release is particularly important. From Monday’s high point of 1972 to 1932, it fluctuated by a full $40. The previous bulls rebounded and corrected It is completely negligible. This is also what I am worried about. According to my thinking, it would be great if the initial profit is good. The gold rebounds and corrects, and then continues the decline. This is just my personal prediction and conjecture, and the actual trend shall prevail for specifics.
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​Back to the topic, the decline of gold on Monday 1972 did not mean to stop. Both the technical and the news are in a bearish trend. In terms of operation, let's go with the flow and short.

Today, wait for gold to go up, wait for the callback 1944-1947, look for opportunities to short,
SL: 1952, TP1: 1940, TP2: 1934
When to go long, I will give you the layout after the initial data is released.

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