The 100-day moving average is downward, and long orders are reverse transactions, which need to be matched with news breakthroughs. Pay attention to the momentum direction after the release of Chinese data. Once the gold price breaks through 2653 and CCI breaks through the +100 line, there will be opportunities to follow the bullish trend, mainly concentrated in the Asian session. CCI returns to the center area as a profit-taking signal.
Trading strategy: (mean reversion) follow the rise after breaking through 2653
Resistance reference: 2665; 2680
Support reference: 2645
XAUUSD 15-minute chart
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