Gold Hunter #20241217

If the Chinese :cn: stock market opens higher and the US :us: economy lags behind, then gold :1st_place_medal: has a chance to form a bottom and break upward. But conversely, it may also break downward. Therefore, it is more suitable to wait for the news to be released and then follow the breakthrough.

:white_check_mark:Trading strategy: (Trend following) Follow the short after breaking through 2650 or follow the rise after breaking through 2660
:white_check_mark:Resistance reference: 2660 (breakthrough bullish); 2670
:white_check_mark:Support reference: 2650 (breakthrough bearish); 2645; 2635
:white_check_mark:Technical aspect: 100-day moving average level, the direction is uncertain, and the price breakthrough direction needs to be paid attention to. It is suitable for the breakthrough following strategy.

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