Gold Falls as Expected: Current Trend & Trading Tips

This morning's strategy already suggested shorting at the 3760 level. It not only accurately predicted the rebound high but also successfully locked in profits from the subsequent pullback. Looking at the current market trend, the 4-hour Bollinger Band has further contracted, with prices fluctuating repeatedly around the middle band, presenting an overall pattern of slow bullish consolidation and correction.

Going forward, we need to focus on key levels: keep an eye on the resistance levels at 3765 and 3755, and pay attention to the support levels at 3730 and 3715. There are opportunities for both long and short trades in operations, with the core lying in entering positions at the right price points. Among these levels, the 3710 level remains an important strong support.

XAUUSD
sell@3760-3770
tp:3740-3730-3720

Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.