After the 100-day moving average opened at 12:00 a.m., copper prices and the A-share index showed an upward turning point, and the downward momentum of the early news was extremely strong. However, considering the rise, it offset part of the downward momentum of gold prices. Therefore, the intraday gold trading strategy, especially in the Asian session, is mainly short-selling on retracements.
Trading strategy: (trend following) short-selling on retracements near 2640
Resistance reference: 2640; 2650 (stop loss)
Support reference: 2625-2630; 2615
XAUUSD 15-minute chart