The gold priceš„ has fallen below the key head neckline of 2730 and 2715, and the accumulated short force has begun to be released. The sentiment indicator also showed a rare bearish signal, and the trading strategy should be mainly short-biased. Considering that the pace of interest rate cuts after the election may be affected, the main strategy is to short after a breakthrough or retracement.
Trading strategy: (Trend following) Short on highs after a retracement to 2700 or short after a breakthrough of 2655
Resistance reference: 2700; 2715
Support reference: 2655 (breakthrough); 2630; 2600
XAUUSD 1-hour chart 
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