12.5 Gold Trading Strategy: High Short Positions Amidst Narrowing Fluctuations
Currently, gold is maintaining a fluctuating pattern with no clear one-sided trend, and the range of fluctuations continues to narrow. During the U.S. session, the gold price rebounded to around 4213 before peaking and falling back, continuing the short-term adjustment rhythm. The rebound momentum in the 1-hour cycle is insufficient, and the characteristics of pressure and retracement are evident, confirming the current core tone of bearish fluctuations.
It should be noted that the continuity of the recent market is relatively weak, and short-term movements are still within a range fluctuation framework, with high rebound levels remaining core opportunities for short positions.
U.S. Session Trading Strategy
- Entry: 4210-4225
Target 4180-4200
Stop Loss 4235