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6.3 Evening Gold Short-Term Strategy
During the daytime, gold prices surged to 4496 but faced resistance and pulled back, fluctuating and weakening throughout the day, with the bulls losing momentum.
Four-hour indicators turned downward, prices are under pressure below the moving averages, and the daily chart is gradually shifting downward, indicating short-term bearish dominance. The current trading range is 4440-4500. Wait for the Non-Farm Payrolls to break the range; before the data, only trade within the range, avoid chasing orders.
Short: Sell on dips around 4470-4500 in batches
Stop loss above 4510, initially target 4450, 4440; if broken, follow the trend to 4420.
Market volatility increases sharply during the data release period. Strictly control position sizes, avoid holding heavy positions, set stop-loss and take-profit orders for all trades, and trade quickly in and out. After the data, the market can be highly volatile, and levels should be adjusted in real-time during trading. #黄金