Gold Hunter #20241210

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 Gold Hunter #20241210

Deadpool

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The 100-day moving average is upward, and China’s
:cn:
stock market drives gold to break upward. However, considering the limited fundamental support, the trading strategy should wait for the gold price
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to return to the range and then go short. Since it is a reverse transaction, a stop loss needs to be set. The breakthrough position can be seen near the upper edge of the previous box at 2655.

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Trading strategy: (mean reversion) Pay attention to the opening direction of the domestic market and A-shares, and go short after breaking through 2655
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Resistance reference: 2661 (stop loss)
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Support reference: 2655 (breakthrough); 2630

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XAUUSD 15-minute chart
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image


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