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Gold trading strategy for Monday

✅The recent trend of gold has continued to fluctuate. Although the market is looking forward to breaking the balance after non-agricultural data, the results are slightly dull, and the gold price has not experienced significant unilateral fluctuations. Overall, gold maintains a volatile and weak trend, with its highs gradually moving downwards and the moving average forming a clear suppression. As the oscillation time prolongs, once the direction choice is clear, unilateral space may be quickly opened.

✅2645 above is the primary rebound pressure level, further attention should be paid to the 2654 area. If it breaks below the current range, it will test the low support area of ​​2610-2600.

✅The trading strategy remains mainly short-selling at high levels:
Rebound to the 2642-2645 area to place short orders, with the target looking at 2630-2620, and the stop loss set above 2654.
If the price breaks through 2645 but does not break through 2654, you can consider adding a short position appropriately based on the position situation.

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Dagangan aktif
🔥Gold Sell 2650-2652, SL 6-8$, TP 2630-2620, Breaking position looks to 2615 line

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