XAUUSD: Huge Profit Opportunity

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XAUUSD: Huge Profit OpportunityGold / U.S. DollarFOREXCOM:XAUUSDGolden_Shark1We kept opening short positions repeatedly near the key resistance zone 4100-4120 this week and secured consistent profits. All trades reached the target zones given in my signals. The bearish downtrend has been confirmed, and more trading opportunities will emerge next week. Even though gold is in a clear downtrend, ADP and NFP data will be released next week. Major market players may use this chance to trigger whipsaws. Our strategy remains short-selling, but we need to wait for two safe entry zones for shorts. The first zone is 4100-4120; exit immediately if price breaks upwards. The second zone is 4200-4220, suitable for long-term holding. It is only a matter of time before gold breaks below 3960 and heads toward 3800. I will notify you immediately once trading opportunities arise!