Gold hit a new high yesterday and was blocked near 2430. It fell back to the previous high of 2408 and closed with a bullish Pin Bar, and then rebounded again. Pay attention to whether the support near 2508 is effective during the day. If it falls below again, it may fall back to the support below 2500.
Trading strategy: follow the trend and go long, break the position and chase the short
Resistance reference: 2530
Support reference: 2508, 2485
XAUUSD 1-hour chart
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