The 100-day moving average is upward, and the price is stable above the 2860 mark, maintaining a bullish trend. Considering the potential for short squeeze, the main trend during the day is to continue to rise. The previous high point may not necessarily hinder the rise in gold prices.
Trading strategy: (Trend following) Return to above 2870 and follow the momentum trend to be bullish
Resistance reference: 2890-2900; 2920
Support reference: 2870; 2860-2865 (stop loss if it falls below)
XAUUSD 15-minute chart