Gold Hunter #20241204

At the 100-day moving average level, the direction of gold price :1st_place_medal: is uncertain. The sharp drop in China’s :cn: stock market at the opening is not good for gold price :1st_place_medal:, but gold :1st_place_medal: has not yet broken the previous low of 2640 support, so before breaking, it is mainly bullish with a small stop loss. Once it breaks, stop loss and reverse to short until the previous low of 2625. The biggest intraday volatility may still occur in the French :fr: motion vote. Long orders need to be wary of the good employment data in the United States :us:.

:white_check_mark:Trading strategy: mean reversion near 2640, bullish on dips; below 2635, short, and bullish on dips near 2625
:white_check_mark:Resistance reference: 2645-2650
:white_check_mark:Support reference: 2635-2640; 2620-2625

:arrow_right:XAUUSD 15-minute chart :1st_place_medal: