Gold price 
began to fall after reaching the key resistance level of 2660. It opened lower and moved lower this morning, and the momentum was somewhat uncertain. A breakthrough is needed to increase the winning rate of short selling.
Although the market direction is that gold will rise after the release of CPI and PPI, the actual inflation performance does increase the possibility of no interest rate cut in November. After reaching the key resistance, the market is likely to start to reverse, so a breakthrough and short strategy is adopted.
Trading strategy: (trend following) 2645 or 2635 breakthrough and short
Resistance reference: 2652; 2660 (stop loss)
Support reference: 2645 (breakthrough); 2635 (breakthrough); 2623
XAUUSD 15-minute chart
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