https://www.tradingview.com/x/yIbf7Cps/
Gold’s rebound is relatively weak, with short-term resistance at 3350-55. Barring any news stimulus, we will continue to look for short opportunities on rebounds!
Based on the 4-hour chart, today’s resistance is around 3350-53. Rebounds from this level will continue to favor shorting, anticipating a decline. Downward targets continue to focus on a breakout, with the short-term bull-bear strength dividing line at 3370-75. Any pullback until this level is broken and holds above the daily chart represents a short-selling opportunity. Maintain your focus on trend-following trading. I’ll provide detailed trading strategies during the trading session, so stay tuned.
Gold Trading Strategy:
Sell gold on a rebound around 3350-53, with a stop-loss at 3384 and a target at 3330-3335. Hold if it breaks through.
