The ups and downs of gold are both disasters and opportunities!
Gold short-term analysis: On Friday, the price fell nearly 100 points from its high point. The fluctuation of 1-200 US dollars greatly increases the difficulty of trading for retail investors. It seems that there are many opportunities in a day, but in fact, the big market mainly appears in a few times. If you can't keep up with it in time, you can only watch the price jump up and down. The most fearful thing is not that you can't keep up with the market, but that the price returns to the same point, but the principal is gradually reduced.Next week, we will make layouts in real time based on the opening points. We can pay attention to several key positions above, including 3255 and 3280. If they are reached for the first time, we can try to go short with a stop loss. We should avoid other positions as much as possible.
source https://www.tradingview.com/chart/XAUUSD/bEtSv1aS-The-ups-and-downs-of-gold-are-both-disasters-and-opportunities/
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