On Monday, gold sold 2658 short, fell 2642 buy long!
Last Friday, gold unexpectedly weakened, and we misread the direction. We took multiple stop loss orders to close.
For the market on Monday, firstly, it is the third trading day of this round of decline and has entered a rebound phase. Next, we will focus on the support of 2642. If it can stabilize here, we cannot rule out the possibility of a convergence triangle consolidation in the near future.
So, in terms of operation, if you first rise to 2658 in the early morning of Monday, you can go short directly. The key is to wait for a pullback near 2642 and lay out to buy long. Look at two positions above, 2675 and 2694!!!
(Investment carries risks, caution is required when entering the market; the above suggestions are for reference only, and profits and losses will be borne by the operator based on this.)
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