The 100-day moving average is upward, and the short data is traded in reverse. You need to set a stop loss, and cooperate with the short signal of CCI breaking through the -100 line. The trading strategy is to follow the short after the gold price breaks through 2647. Pay attention to the performance of the US
ADP employment tonight. If it is higher than expected again, the gold price
may break down to around 2620.
Trading strategy: (mean reversion) Follow the short after breaking through 2647, set a stop loss
Resistance reference: 2652 (stop loss)
Support reference: 2647 (breakthrough); 2637
XAUUSD 15-minute chart
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