The 100-day moving average is downward, and the bearish momentum continues. The trend line and the oscillation range provide reverse suppression, and the trading strategy is mainly short-selling in batches at the resistance level.
The Chinese stock market opened slightly higher, and the gold price 
rebounded, but the momentum was not enough to break upward. Once the central bank raises interest rates, the gold price will fall. If there is no interest rate hike, the gold price may fall back to the high point. Therefore, the trading strategy is mainly short-selling in batches at high levels.
Trading strategy: (trend following) short-selling in batches in the 2620-2635 range
Resistance reference: 2620; 2635
Support reference: 2610; 2585
XAUUSD 1-hour chart
