#XAU This morning, we clearly outlined a short-selling strategy, and the market has now responded, with the 27-point move successfully realized.
No signs of a reversal have emerged in the current chart pattern. Bearish momentum is far from exhausted, and resistance overhead remains clear. We stand by our original assessment and will continue to let the short-side strategy lead. A rally that meets resistance is an opportunity to follow the trend and sell short.
The bearish trend remains intact, so we’ll stay on the short side. A rebound is an opportunity to add to short positions—stay disciplined and keep your timing. #XAUUSD
No signs of a reversal have emerged in the current chart pattern. Bearish momentum is far from exhausted, and resistance overhead remains clear. We stand by our original assessment and will continue to let the short-side strategy lead. A rally that meets resistance is an opportunity to follow the trend and sell short.
The bearish trend remains intact, so we’ll stay on the short side. A rebound is an opportunity to add to short positions—stay disciplined and keep your timing. #XAUUSD
