Also pay attention to the opening direction of the Chinese stock market. A pullback will drive the gold price down. Once the gold price breaks through the 2700 mark, it is likely to return to the previous low demand area near 2660. Adopt a breakthrough and short trading strategy.
Trading strategy: (mean reversion) After breaking through 2700, follow the trend and short
Resistance reference: 2715 (breakthrough stop loss)
Support reference: 2700 (breakthrough); 2690; 2650-2670
XAUUSD 1-hour chart
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