The 1-hour moving average of gold begins to turn, so the unilateral decline of gold has temporarily come to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage near 3330. It is obviously not appropriate to chase long at this position, so the short-term may begin to adjust. Gold...
Gold operation strategy:
1. Go short at 3270-75 when gold rebounds, and cover short at 3388-93 when it rebounds, stop loss at 3397, target at 3230-3235, and continue to hold if it breaks;
2. Go long at 3220-3225 when gold falls back, stop loss at 3214, target at 3265-70, and continue to hold if it breaks;
From the daily level, the current price resistance is in the 3310 area. This position is the key watershed of the band trend. If the price is below this position, the subsequent band will be treated as short. At the same time, for the short-term four-hour price resistance, it is in the 3253 range. The gains and losses of this position determine the key to the...
