GOLD:Short

5 gru

Yesterday, gold opened high and then fell again. The US market fell back and the price touched the previous high of 2660, forming a short-term resistance and falling back. The daily line closed positive, but did not break through further and was still in a volatile consolidation. Today's bull watershed is at 2660, and the 2630 line below. But according to the current pattern, the high point will fall back, and the range will become smaller and smaller. It is expected to break through the range trend in the next two days.

At present, it is still a range-swinging market, and the trading ideas have not changed much;
It is recommended to short at 2655-2660, with a target of 2635-2630. If it falls back to 2630 without breaking, you can go long.

5 gru

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