Gold is volatile, but still maintains in the box range of 2640-2660. The current price is close to the lower edge of the box. Once it breaks through, it may fall to the previous low support of 2625.
The market still has concerns about the situation in Lebanon and Israel, so the gold price has not fully reflected the negative impact of non-agricultural data. Therefore, before there is new news, the gold price is likely to break through and continue to fall, but whether it can fall below 2625 requires new news momentum.
Trading strategy: (Trend following) Follow short selling after breaking through 2640
Resistance reference: 2640 (real breakthrough) 2645 (stop loss); 2660
Support reference: 2625
XAUUSD 30-minute chart
Please share your commons below~