Gold Spot / U.S. Dollar
Long
Updated

Golden Defense Station 3,000 Watershed

413
Gold fluctuated at a high level between 2982 and 3000 on Monday, and 3000 points became the focus of competition between bulls and bears. The current gold price is around 3000, and the upper resistance is at 3006-3009. Once it breaks through, it may test the high of 3020. The lower support is stable in the 2981-2978 area. For today's operation, it is recommended to mainly short on rebound, supplemented by short on pullback strategy.
Operation strategy 1: It is recommended to go short at 3000-3005 on the rebound, with a stop loss of 3013, and the target is 2990-2980, and the target is 2970.

Operation strategy 2: It is recommended to go long at 2970-2965 on the pullback, with a stop loss of 2957, and the target is 2995-3015.
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