Gold did not perform well in the recovery cycle. It can be seen from yesterday’s market that when crude oil broke through the previous high, the gold price was blocked again at the previous high point, and the short resistance was not weak. Considering that there is no important data released today, the trading strategy is mainly to sell high and buy low.
Trading strategy: Intraday shock structure 2585-2592 sell high and buy low. If it falls below 2585, the shock area will be changed to 2575-2592
Resistance reference: 2592; 2595 (stop loss)
Support reference: 2585; 2575
XAUUSD 15-minute chart
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