Gold surged to 2633 in early trading, short selling!

2024-12-26 1199

Gold rose rapidly in the morning session, but only slightly, and remained in a volatile range. Recently, we have emphasized that as long as gold is still in the 2633 and 2600 range, it is still in a volatile state. In the short-term range, high selling and low buying are sufficient!

At present, the one hour moving average indicator has once again taken the form of a dead cross. I believe there is no need for me to say more. In the morning session, gold only compensated for the insufficient trading volume on Christmas Eve the day before yesterday. The sudden rise in the morning session will definitely fall back here, and we just need to hold our selling pressure level above 2633 and empty it! Leave the rest to time for fermentation!

Specific strategies

Gold 2633 short, stop loss 2641, target 2615

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

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