Gold Hunter #20241113

Gold :1st_place_medal: is under pressure from many aspects at the same time. Before the inflation is released, it should focus on breaking through and shorting. If inflation is higher than expected, the gold price :1st_place_medal: may break through 2550 and test the 2500 mark. But if inflation is lower than expected, gold :1st_place_medal: may get support at the 2550 mark and rebound during the day, but it will be difficult to break through the 2600 mark.

:white_check_mark:Trading strategy: (Trend following) Break through 2592 and then short
:white_check_mark:Resistance reference: 2615-2625
:white_check_mark:Support reference: 2592 (breakthrough); 2550; 2500

:arrow_right:XAUUSD 1-hour chart :1st_place_medal: