Gold starts to fluctuate at a high level, will it fall or rise iFrom the 4-hour chart of gold: From the above chart, the current trend may be a convergent triangle consolidation, with the high point gradually moving down and the low point gradually moving up. When the space can no longer be expanded, a breakthrough in a certain direction will be obtained. At present, the upper track is at 3344 and the lower track is at 3273. It may not be able to completely touch the upper and lower tracks, but there is a certain support or pressure performance near them; now the key middle track has been lost again, under pressure at 3315, and there is still a chance to explore and approach the lower track tonight; from the hourly chart: the trend of the Asian session in the past few days has been relatively smooth, with better continuity. Once it reaches the European session, it is a volatile oscillation back and forth; the current 3330 line is today's Feng Shui Ridge. If it can withstand pressure here, there is still room for a second exploration.
On the whole, the short-term operation strategy of gold today is recommended to sell on rebounds as the main strategy, and buy on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3330-3340 line of resistance, and the short-term focus on the lower side is the 3300-3290 line of support.
Buying range: 3302-3300, SL: 3290, TP: 3320-3335
Selling range: 3333-3335, SL: 3345, TP: 3320-3315
Key points:
First support: 3300, second support: 3295, third support: 3290
First resistance: 3330, second resistance: 3335, third resistance: 3345
