Gold is weak. Can it continue?Gold is still fluctuating and falling slightly today. Gold is weak, so gold is likely to be short-term. If the price rebounds, it will be a short opportunity.
We need to pay attention to the release of US PCE data later.
From the 1-hour chart
the moving average continues to cross the short arrangement and diverge downward. After gold fell below the early support near 3340, it began to move downward weakly. The current upward pressure is around 3295-3310.
From the daily chart, the price is below the MA20 cycle and the 50 cycle, but remains above the 100 cycle. The technical indicators turned higher, but the momentum indicator is at a neutral level, and the RSI index is around 42.7, which does not point to an upward trend.
Since the upcoming data may have some impact on the price, the price may have a short-term high opportunity. Steady trading is still waiting for the price to rise and then short. Of course, if your trading strategy is more aggressive, you can use a long strategy before the price rises.
Operation suggestions:
Radical: Buy near 3280, stop loss at 3265, profit range 3305-3310.
Conservative: Wait for the price to rise and then bear pressure, sell near 3310, stop loss at 3320, profit range 3290-3285.
Goldinvesting
Gold fluctuated and fell, and the rebound was directly short
📣Gold News
Due to the easing of the situation in the Middle East, gold has fallen in the past few days, and the market has been eagerly looking forward to the interest rate cut, because the tariffs in the Trump era may push up inflation, but it has not come yet. "
On Thursday, the U.S. Department of Labor and Commerce issued key economic data, including initial jobless claims and the final value of real GDP in the first quarter. The number of initial jobless claims was 236,000, a decrease of 9,000 from 245,000 in the previous week, better than the market expectation of 245,000. At the same time, as of June 14, the number of continued unemployment claims in the week increased by 37,000 to 1.974 million, a new high since November 2021. Gold stopped below the moving average today. Gold did not continue the small positive line rise, and the decline continued during the U.S. trading period.
Today, focus on the continuation of short positions, comprehensive Labaron believes that gold is bearish today. For today's operation, consider rebound shorting as the main, and low long as the auxiliary.
📣 Pay attention to the resistance of 3330-3345 US dollars above
📣 Pay attention to the support of 3300-3280 US dollars below
💰 Go long near 3295-3285, target 3310-3320
💰 Go short near 3330-3340, target 3000-3290
If you have just entered the market, you are confused about the market of gold, oil and silver, and you always do the opposite operation direction and the entry price is unstable. I hope Labaron's article will help you.
Gold breaks down. It may reach a low point.From the current market daily chart
The absolute support of gold is around 3280. Gold is basically in the process of maintaining this daily trend support line. Therefore, I personally think that around 3280 is a long-short dividing line for gold. If gold falls below 3280 on the daily line, it is very likely that the decline will just begin. On the contrary, be careful. If 3280 does not fall below, there is still a possibility of rebounding.
In the 4-hour chart, from the high point of 3450 to now, the 0.382 position is just around yesterday's high point of 3350. The 0.618 position is at 3325, and the final 100% position is around 3280. 3280 also coincides with the daily chart.
Therefore, gold must at least test around 3280 today, and it is not ruled out that there will be lower positions.
6.27 Risk aversion dissipates and gold prices adjust! The range As the Middle East war came to an end, the risk aversion sentiment in the global financial market subsided, the risk aversion funds dissipated, and the three major bullish markets of gold, crude oil, and silver all fell downward; at the same time, the US dollar index broke a new low !
Fundamentals:
1: The Middle East war has been temporarily paused, and both sides have entered the adjustment phase; however, irreconcilable contradictions may become the starting point of the next war at any time; although it has ended for now, we must not slack off. Once the two sides are on the verge of a war again, risk aversion will sweep the world again; this is not impossible;
This Middle East war came suddenly and ended suddenly; it was like a child's play washing the global financial market; therefore, the possibility of a resumption of war cannot be ruled out in the future;
At present, in the overall market:
1: In the short cycle, the gold price fluctuates downward, so in the short term, the short-term decline is seen, and the fluctuation is downward;
2: In terms of trend, the range is temporarily contracted, the BOLL of the daily K is contracted, the speed slows down, and the overall range is back to the range of fluctuations; there is no obvious long and short trend, and it returns to the range of fluctuations;
Today's technical trend chart:
1: In 4 hours, the stochastic indicator crosses downward, which is a main empty signal; in terms of form, it is temporarily under pressure from the central axis track of the 4-hour BOLL, and the empty trend continues downward, and the form tends to continue to oscillate downward; therefore, it is recommended to choose the high-altitude approach for 4 hours;
2: In the daily K, the stochastic indicator continues to cross downward, which is a empty signal; in terms of form, it is temporarily a broken Yin and Yang pattern, with no obvious trend; BOLL forms a contraction, the range of 3417-3277, the range is mainly in an oscillating trend, and the strong and weak dividing point is near 3347;
Comprehensive: The daily K is mainly in an oscillating trend, so it is recommended to deal with it according to the oscillating trend, choose to buy low and sell high; the reference pressure position is near 3347, the support position is near 3295 and 3278; the second pressure position is 3390-3400 pressure position; continue to choose the oscillating approach, and play a oscillating treatment of buying low and selling high;
Gold is sideways. Is a new trend brewing?Information summary:
On June 23, Trump announced that Iran and Israel reached a comprehensive ceasefire, but the asymmetric terms of the agreement caused the conflict to continue. Israel launched another air strike on Iran, and Israel threatened to kill Iranian senior officials. The uncertainty of geopolitical risks continues to support gold prices.
Market analysis:
From the 4-hour chart, the MA5-day and 10-day moving averages show signs of upward divergence, and the K-line stands firm on the moving average support and fluctuates upward. In the short term, pay attention to the breakthrough and decline of the 3350 pressure level. The current market's downward momentum has weakened, and the overall market remains volatile. We need to be wary of the risk of short-term adjustments after continuous surges. Be alert to the short-term adjustment risks after continuous highs.
Operation strategy:
Short near the price rebound of 3345, stop loss 3355, profit range: 3330-3320.
6.26 Gold intraday analysis and forecast—During the European session on Thursday (June 26), spot gold prices fluctuated significantly during the day, first falling and then rebounding, and are currently around 3337.60, fluctuating in a wide range.
The rebound from Tuesday's low of $3295 has risen above the previous support of $3340 (June 20 low), confirming a deeper bullish correction. The currency pair may be in the C-D leg of a small Gartley pattern, moving towards the downward trend line resistance since the mid-June high (previously $3450, currently $3365).
A break above this level will mark a trend reversal and shift the focus to the $3400 line, which suppressed bulls on June 17, 18 and 22.
On the downside, if the above trend line is blocked, it may first seek support at the intraday low of $3330 before looking at the previously mentioned $3295 (June 9 and 24 lows).
Gold volatility intensifies. Waiting for direction?The price of gold fluctuated greatly this week, which means that the end point of sentiment will not disappear so easily for the time being; in the short-term K-line pattern, there are continuous ups and downs. If you want to trade steadily, you can wait and see for a while.
From the hourly chart, the MA5-day and 10-day moving averages cross downward, and the RS indicator hovers around 40.7. This shows that the market trend is weak. The current price has bottomed out near 3310 and rebounded to fluctuate around 3320. The price may continue to decline after a slight rebound.
Today, focus on the long opportunities near 3305 and the pressure position above 3345.
Quaid has always believed that only by insisting on detailed analysis of the market and reducing losses, can we slowly accumulate the principal of the account.
Good luck to everyone.
6.26 Gold intraday operation strategy, rebound 42-48 line shortFrom the 4-hour analysis, the upper resistance is around 3342-48. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The short-term support below is around 3314-3316 integers. The upper pressure is around 3342-48. The overall support relies on this range to maintain the main tone of high-altitude low-multiple cycles. The short-term long-short watershed is 3370. It is difficult to say that it is strong before the daily level breaks through and stands on this position. I will remind you of the specific operation strategy during the session, so please pay attention to it in time.
Gold operation strategy:
1. Short the gold rebound at 3345-48, stop loss at 3356, target 3317-3325, and continue to hold if it breaks;
Gold May Slightly Pull Back Around 3,350 USD📊 Market Overview
• Gold is currently trading around 3,340–3,345 USD/oz, supported by a weaker USD and lower U.S. yields, with 60 bps Fed rate cut expected by year-end, starting in September
• The Israel–Iran ceasefire has eased safe-haven demand, triggering a mild pullback, while support remains near 3,300 USD
📉 Technical Analysis
• Key resistance:
3,370 USD (short-term peak)
3,380–3,400 USD (prior highs)
• Nearest support:
3,300 (technical bounce zone)
Next at 3,275 (momentum weak)
• EMA:
Price trading below the 9-period EMA on H4, indicating a mild bearish/choppy short-term trend
• Candles/volume/momentum:
RSI & Stochastics near neutral suggest consolidation or minor retracement .
📌 Outlook
Gold may pull back to 3,300–3,320 if the USD rebounds or geopolitical tensions ease further. However, a Fed rate cut in September or renewed Middle East instability could drive prices back up to 3,370–3,400.
💡 Suggested Trade Plan
• SELL XAU/USD: at 3,365–3,370
o 🎯 TP: 3,345–3,340
o ❌ SL: 3,380
• BUY XAU/USD: at 3,300–3,310
o 🎯 TP: 3,320–3,330
o ❌ SL: 3,290
Gold fluctuated slightly, retreating to low-multiple operations
📌 Gold news
During the North American trading session on Wednesday, gold prices remained stable, rising by more than 0.30% as easing tensions between Israel and Iran boosted risk sentiment. Meanwhile, disappointing US housing data may prompt the Federal Reserve (Fed) to take action in the future. However, Fed Chairman Jerome Powell's continued tough stance has limited further upside for gold.
📊Comment analysis
Gold fluctuated in a small range yesterday, and the daily line closed with a positive cross star.
Daily support is around 3327-3324, and you can go long if you touch it.
Daily resistance is around 3368, and you can go short if you touch it.
If the market goes down to yesterday's low, the bottom continues to look near this week's low, and I am more inclined to be bullish
💰Gold operation strategy
If gold is close to 3327, you can go long, with a target of 3345.
Look for opportunities to short around 3350-3360, with a target around 3330.
I hope Labaron's article can help you with your investment. If you don't understand something, you can find me. I am not only a mentor, but also a friend worth making in your life.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
Gold continues to fluctuate. Waiting for a trend?Today, gold has been suppressed below the high of 3345, and the hourly line tends to be weak. Looking at the number of Yin and Yang lines on the hourly line during the fluctuation, we can see that the typical Yin line is continuous and the Yang line is few, plus the weak suppression of the previous day, from the rhythm point of view, it is a weak signal.
From the hourly chart, around 3312, this is the 0.618 position of the retracement of the 3295-3337 fluctuation range. The decline is slow during the day, and the 0.618 position has become a support rebound.
And the current trend, like the previous day, may continue to rebound and then fall. At the same time, there was no cyclical decline in the early Asian session. Instead, it fluctuated sideways, bottomed out and rebounded, and then continued to return to the high of the previous day.
Judging from the current market situation, the Asian market bottomed out and rebounded in the morning, reaching a high of around 3343, and then began to fall back, and is currently fluctuating around 3335.
The trend of the European session is very critical, and the focus is on the watershed below 3328. If this position falls below, the price will most likely continue to fall.
Operation strategy:
Short around 3340, stop loss 3350, profit range 3320-3310.
Gold may continue to rebound to 3350-3360If gold can stand above 3330 today, it will stimulate long trading behavior to a certain extent, especially the self-rescue behavior of trapped longs. Gold may continue to rebound and is expected to reach the 3345-3355 area. So there is no need to risk shorting gold near 3330 for the time being; although gold may continue to rebound, it is still under pressure in the 3350-3360-3370 area; and gold is still weak overall, so we can consider shorting gold in the 3350-3360 area and look at the target area of 3325-3315.
The Premium privilege of my account will end on June 26, and it will stop updating here from tomorrow. Friends in the channel have already made a lot of money by following my trading strategy. Friends who have not joined yet can join and receive the latest trading strategies and trading signals as soon as possible to escort your trading!
6.26 Gold intraday analysis guideOn Wednesday (June 25), international spot gold rose slightly during the US trading session, but was still suppressed by the 20-day moving average (US$3,355). The RSI (14) was at 48.7, in the neutral range of 40-60, suggesting that the market lacks a clear direction. US$3,355 (20-day moving average) has become the recent watershed between long and short positions. If it breaks through this level, it may test the psychological barrier of US$3,400. The support below is US$3,245 (the low point on May 29). If it fails, it may drop to the integer level of 3,200 and US$3,121 (the low point on May 15). Stability of the geopolitical situation: If the ceasefire agreement in the Middle East continues, the outflow of safe-haven funds may further suppress the gold price. Fed policy expectations: If the July non-agricultural and CPI data show that inflation is cooling down, it may rekindle expectations of interest rate cuts and boost gold. The current gold market is in a "wait-and-see mode", and both long and short sides lack decisive momentum. Traders need to pay close attention to: US economic data: especially employment and inflation indicators for the Fed's policy path. Geopolitical dynamics: Any breakdown of the ceasefire agreement could quickly push up safe-haven demand. Dollar trend: If the Fed maintains a hawkish stance, a stronger dollar may further suppress gold prices. Gold is expected to maintain range fluctuations in the short term, with the $3,355 moving average resistance and $3,245 support forming a key trading range. The direction of the breakthrough depends on new fundamental catalysts.
Personal operation analysis:
Trend: Oscillating trend
Support: Near 3,300.00
Resistance: Near 3,335.50
Strategy:
View logic: Short view near 3,335-3,340, stop loss 3,345, take profit near 3,300--3,280, and follow the stop loss 300 points.
Gold fluctuates upward. Trend change?Yesterday, the gold daily line closed with a middle-yin candlestick with a lower shadow. The closing price has lost the middle and lower rail positions one after another, and the short-term downward pressure adjustment will continue.
The hourly level shows a bottoming out and rebound, and it rose in the early Asian session, breaking through the pressure resistance of 3328-3332 in the European and US sessions yesterday, but it did not continue the rebound and fell into a narrow range. At present, there is still great resistance above 3340, and it has failed to break through after many attempts, but the hourly line track has not been completely lost.
Pay attention to the 3315 support for long positions, and pay attention to the 3340-3355 short position range for upward movement. For the period of shock, strong support or resistance will inevitably produce inertial puncture behavior, and some errors are normal. We need to pay attention to the market trend at all times and change strategies in time.
Today we need to focus on the response strategies for resistance and support levels, which will determine whether we can achieve profits within the fluctuation range.
Good luck to everyone.
Gold Rebounds Slightly After Dropping to 3295📊 Market Update:
Gold bounced back to 3320 after dipping to 3295 amid USD strength and rising bond yields. The recovery was fueled by short-covering, but traders remain cautious ahead of upcoming U.S. PCE data – the Fed’s preferred inflation gauge.
📉 Technical Analysis:
• Key Resistance: 3330
• Nearest Support: 3295
• EMA: Price is hovering near the 09 EMA on the H1 chart → neutral to slightly bullish in short-term correction.
• Candle / Volume / Momentum: H1 candles show mild recovery with increased volume, but no clear reversal signal yet.
📌 Outlook:
Gold may range between 3295 and 3330 before a breakout, depending on incoming U.S. economic data. A break above 3330 could trigger a short-term rally.
Gold fluctuates, 3300 may fall below.Gold fell to 3333 on Tuesday and then rose to around 3358, then began to fall slowly due to resistance, continued to fall in the European session, and fell to around 3295 in the US session, and rebounded in the late trading, rebounding to around 3325, and the daily line closed with a negative line with a lower shadow.
In addition, Israel and Iran both accused each other of violating the agreement, which brought uncertainty to the gold market.
After the sharp drop in gold last week, except for the correction of the cross positive line on Tuesday last week, the daily level has closed five consecutive negative lines since last Wednesday until now, fully demonstrating that the gold price has shown a weak feature of fluctuating downward in recent transactions.
From the technical indicators, the 5-day moving average and the 10-day moving average cross downward, which indicates an important signal that the market trend is weakening in the short term. The current gold price continues to run below the moving average, further verifying the current market situation where shorts dominate.
In terms of resistance, the 5-day moving average is currently around 3350, and the 10-day moving average is around 3370. These two price levels constitute the key resistance range in the upward process of gold prices. As long as the gold price fails to effectively break through this resistance band, it is likely to continue to be weak in the short term. At the support level, pay attention to the 60-day moving average around 3290.
Operation strategy:
Short gold rebounds around 3350, stop loss 3360, profit range 3320-3310.
Go long gold falls back to around 3295, stop loss 3285, profit range 3330-3340.
The market conditions are often not what we ideally want. This is the market, and it is also a form of trading practice.
Gold is under pressure. Will the trend change?Information summary:
The easing of tensions in the Middle East is the main reason for the suppression of gold. Risk aversion has weakened, and the market has entered a risk-taking mode. Gold prices are well supported near $3,300.
Powell released an important signal: The market expected Powell to strongly refute the possibility of a rate cut, but he remained on the sidelines. The market still generally believes that the July 29-30 meeting is unlikely to initiate a rate cut, and the first rate cut is expected to be in September.
Market analysis:
Gold has fallen for seven consecutive weeks, which has changed the current bull structure in stages, so there is no doubt that gold is expected to fall back as a whole. The early decline was near 3355, which is the current long-short watershed of gold. As long as the adjustment does not break through the 3355 position, the overall short-term adjustment pattern of gold will not change.
The early Asian market did not continue to retreat, but the short-term rebound had a long buying force accumulation, but as long as it did not break through 3355, the market trend was still weak, and it was adjusted by low-level shock correction. Today, there is a high probability of movement around the falling range. The short-term support below is around 3290. If this position is lost, it may touch the turning point around 3275.
Operation strategy:
Go long when the price falls back to around 3315, stop loss at 3305, and profit range 3345-3350.
Gold today high-altitude low-multiple operation
📌 Gold news
On Tuesday, the spot gold price plummeted, hitting a two-week low. The main reason was that Iran and Israel announced a ceasefire, which suppressed the demand for safe-haven gold. In addition, Fed Chairman Powell made hawkish remarks, which also hit the gold price trend. Short-term long-short game will focus on the PCE inflation data to be released by the United States. If the economic data performs poorly or inflation continues to fall, it may still provide a medium-term rebound opportunity for gold.
📊Comment analysis
Yesterday, gold was weak overall, and the decline and rebound were limited. It fell directly from around 3357 to 3295, and then rebounded according to the news. It ran around 3326 in the morning. From a technical point of view, the daily low trend line support is around 3290, the 4-hour long lower shadow line bottomed out, and three consecutive positive rebounds, the daily line supports the lower track of the Bollinger band, and the Bollinger band tends to be parallel. There is no sign of opening downward, so the short-term decline of gold prices is limited. Consider paying attention to the support of 3294 during the day, and mainly use this position for defense and low long. Pay attention to the important suppression of the middle track 3363 above, and mainly short.
💰Strategy Package
Focus on the support near 3316-3317 in the short term, rely on this position to go long, stop loss 3307, take profit near 3345, and break 3363. If it falls strongly below 3294, then don't consider going long during the day.
Gold operation strategy: long near 3316, stop loss 3307. Take profit 3345
⭐️ Note: Labaron is not 100% correct here, only a steady operation idea, large warehouse for trend, small warehouse for wave, control the proportion by yourself, there is no unprofitable investment, only unsuccessful orders, whether to make money depends on the timing of buying up and buying down, making money depends on opportunities, investment depends on wisdom, and financial management depends on professionalism.
The latest analysis of gold trend on June 25From the perspective of technical analysis, based on the daily level, the gold price is expected to be further under pressure in the future. At the daily level, the current focus is on the 3370 area resistance. The 1-hour line shows that the short-term pressure is at the position of the previous upward trend line retracement. Due to the short-term market volatility and decline, it is necessary to temporarily focus on the current downward trend line area resistance, which is also the daily and four-hour resistance area. The 3330-3315-3310 area will be followed below. If the market is in an extremely weak state, the gold price is expected to test the 3330-3270 area. From the indicator signal, the RSI oscillation around 50 shows that the market is balanced between long and short forces, the MACD red column shrinks, and the fast and slow lines flatten, indicating that the bullish momentum is weakened; the KDJ high dead cross shows that the short cycle may be corrected.
Comprehensive technical analysis, today's short-term operation strategy for gold is mainly rebound short selling, supplemented by low long selling. The short-term focus on the upper side is the 3370 - 3380 resistance line, and the short-term focus on the lower side is the 3330 - 3315 support line.
Gold breaks down and moves downward, focus on the 3300 markWith the official ceasefire between Iran and Israel, although there are some repeated frictions in the middle, under Trump's mediation, both parties are relatively tolerant. It seems that the war has been declared over. Gold has also fallen sharply. In the early trading, it fell sharply to around 3333 and stabilized. After rebounding to around 3357, it fell again under pressure. During the European trading session, it broke the low and continued. It repeated around 3317/8 and fell again under pressure around 3332. This position has become the key pressure point for the current top and bottom conversion. In the evening, the testimony of Federal Reserve Chairman Powell was also relatively cautious. He believed that inflation had declined, but it was still far from the 2% target. He tended to adjust interest rates after inflation achieved the target. Therefore, the double pressure caused gold to rebound weakly and repeatedly run weakly. At present, the lowest level reached 3304, which is one step away from the 3300 mark. Judging from the current trend, the overall weak pattern continues. In the evening, relying on the 3300 mark, try a long order for the last time, and then do a good job of continuing defense after the break.
6/24 Gold Evening Reference Ideas
Gold is long near 3303/05, defend 3298, target 3320/3330, short at 3298, defend 3305, target near 3276, short at 3330, defend 3337, watch 3316/08
Dark moment for prices. Will it fall even lower?Information summary:
Due to the ceasefire in the 12-day war between Iran and Israel, market risk appetite has rebounded, demand for safe-haven assets has declined, and gold prices have plummeted. As an interest-free asset, gold prices are under pressure against the backdrop of declining risk aversion, but there is still buying support at low levels.
Investors are currently focusing on the speech of Federal Reserve Chairman Jerome Powell at a hearing of the House Financial Services Committee. Powell has been cautious about whether to cut interest rates in the near future.
Market analysis:
The current market selling sentiment has increased significantly, and for gold, falling has become the only path. It seems that the market has lost hope in gold, and the current gold price has fallen to around 3295, then rebounded slightly, and is currently fluctuating around 3313. The break of 3300 declares that gold still has further room to fall, and from the trend point of view, it is likely to continue to fall.
The current trend shows that the important support is around 3285. It is possible that it will fall directly to the current position. The Fed is still speaking, and it is unpredictable whether it will cause drastic fluctuations in gold in the future. However, from today's trend, shorting is the best solution at present, and the upper resistance position is in the range of 3315-3325.
Operation strategy:
Short around 3320, stop loss 3330, profit range 3290-3285.
Gold prices rose as dollar data was not good
📌 Gold information:
Gold prices plunged on Tuesday as a ceasefire was declared in the 12-day war between Iran and Israel, market risk appetite rebounded, and demand for safe-haven assets declined. The ceasefire news pushed global stocks higher, while oil prices fell to a two-week low as concerns about supply disruptions eased. The plunge in crude oil prices also further suppressed gold's inflation hedging appeal. As an interest-free asset, gold prices are under pressure against the backdrop of waning risk aversion, but there is still buying support at low levels.
Investors are currently focusing on Federal Reserve Chairman Jerome Powell's appearance at a House Financial Services Committee hearing. Powell has been cautious on whether to cut interest rates in the near future.
📊Comment Analysis
The current market selling sentiment has increased significantly, and for gold, falling seems to be the only way to go. Today, whether you look at rebound short or low long, basically you will not have a chance, that is, falling, it seems that the market has lost hope in gold, and the current gold has fallen to 3295, and the break of 3300 declares that gold has further room to fall. From the trend point of view, it is likely to fall now!
The further strong support on the current trend line is around 3274, and it is not ruled out that it will fall directly to the current position. At present, the Federal Reserve is still speaking, and whether it will cause drastic fluctuations in gold in the future is still unpredictable, but from today's trend, shorting is already the best solution at present, and the upper resistance can first look at 3330!
💰Strategy Package
Gold: Rebound 3325-3335 short, stop loss 3345, target 3290-3300!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the lot size that matches your funds
Continue to short after the rebound on 6.24Judging from the current market trend, the upper short-term resistance is around 3343-48, the lower short-term support is around 3310-15, the short-term long-short strength watershed is 3300-05, the daily level is under pressure and continues to see suppression and adjustment, and the main tone should actually be rebound shorting.
Gold operation strategy:
Gold rebounds to 3343-48 and shorts, stop loss 3356, target 3317-3323, continue to hold if it breaks;