Take advantage of the profit-loss ratio to go short against the previous high around 2480. After stepping back on the trend line, consider backhanding the long position.
In the short term, the momentum is strong and the trend is obvious, but it is blocked at the previous high. If the hourly line closes bearishly and is engulfed, the trend may be corrected during the Asian and European trading sessions within the day.
Resistance reference: 2480, 2500
Support reference: 2450, 2430
XAUUSD 1 hour chart:1st_place_medal:
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