Or / Dollar Américain
Long

Golden Waterfall Downward Short Profit

194
In today's short-term operation of gold, it is recommended to focus on short-selling on rebounds, supplemented by long-selling on callbacks. The upper short-term focus is on the 2888-2890 first-line resistance, and the lower short-term focus is on the 2830-2834 first-line support.

Short position strategy:

Strategy 1: Short 20% of the position in batches near 2885-2890 in the early trading of gold, stop loss 8 points, target near 2865-2850, and look at 2835 if it breaks;

Long position strategy:

Strategy 2: Buy 20% of the position in batches near 2835-2838 when gold falls back, stop loss 8 points, target near 2850-2860, and look at 2870 if it breaks;

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