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High-quality gold trading strategies to help you make profits

Gold hovered at 2908 in the Asian session, and then staged a thrilling market. The price rose rapidly, breaking the historical high of 2942 in one fell swoop, showing the market's rising potential. However, the good times did not last long. The market took a sharp turn for the worse in just 15 minutes, reaching a low of 2906. The volatility was shocking.
In the afternoon, the price of gold rebounded to around 2929, but then encountered resistance and fell back to 2909. Overall, gold did not continue the unilateral upward trend of yesterday, but fluctuated in the range of 2945-2900. The current upper resistance is mainly concentrated in the range of 2945-2950, ​​while the lower support is stable at 2903-2896.
Operation strategy 1: It is recommended to buy at 2905-2900, stop loss at 2892, and the target is 2925-2940.

Operation strategy 2: It is recommended to sell at 2940-2945, stop loss at 2950, ​​and the target is 2920-2907.
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Today, the upper resistance of gold is 2945-2950, ​​and the lower support is 2903-2896. It is recommended to operate in the range. If you want to get more trading strategies, you can click on my link

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