Gold is still fluctuating within the range, short selling around 2639!

2025-01-02 2179

Gold rose directly at the opening of the morning session, and the market performance was still relatively strong. However, in the short term, gold was still suppressed by 2639, and gold continued to fluctuate in this range. The surge was only for better decline! Gold surged in early trading, followed by short selling at the right time!

The one hour market performance of gold is relatively strong. Of course, it is not advisable to short sell easily in the morning before the gold price slows down. It is still necessary to wait for the gold price to reach around 2639 and the gold price trend to slow down before considering short selling. Otherwise, wave after wave of trends may directly break through the range pressure and further break upward!

Specific strategies

Gold 2639 short selling, stop loss 2647, target 2620

Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating

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