RSS Gold Hunter #20241219

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 RSS Gold Hunter #20241219

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The 100-day moving average is downward, and the bearish momentum continues. The trend line and the oscillation range provide reverse suppression, and the trading strategy is mainly short-selling in batches at the resistance level.
The Chinese stock market opened slightly higher, and the gold price
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rebounded, but the momentum was not enough to break upward. Once the central bank raises interest rates, the gold price
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will fall. If there is no interest rate hike, the gold price
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may fall back to the high point. Therefore, the trading strategy is mainly short-selling in batches at high levels.

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Trading strategy: (trend following) short-selling in batches in the 2620-2635 range
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Resistance reference: 2620; 2635
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Support reference: 2610; 2585

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XAUUSD 1-hour chart
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