Short-selling Strategies

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I. Analysis of Market Conditions
The current chart shows a range-bound oscillation pattern. After the previous decline, there has been repeated contention between bulls and bears. There is no one-sided trend, making trading judgment difficult. 📊

II. Short-selling Strategies
Levels: It is recommended to go short in the range of 3380 - 3360 - 3340. This is at the upper edge of the oscillation range, with strong resistance. It is difficult for the price to break through and is likely to decline. 📉
Background: The non-farm payrolls data is about to be released, increasing market uncertainty. Funds may withdraw or take short positions, and the price may decline to squeeze out the bubbles. 📅

III. Long-buying Strategies
The support at 3265 has been verified several times, indicating strong buying power from bulls. When the price retracts to around this level, you can consider going long. If the price breaks below this level, be vigilant about a trend reversal and set a stop loss in a timely manner. 📈

⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️

🚀 Sell@3360 - 3340 -3320
🚀 TP 3300 - 3280 -3265

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