Gold reaches 3000 before December
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The intraday operation is recommended to be mainly low-long, supplemented by high-short. For the lower support, pay attention to the 2720-2723 area. Above it will help the bulls to test and break through 2740. If it is taken by the bears, focus on the 2707-2710 area. This area is not only the starting point of yesterday's plunge, but also the dense support area of the current technical pattern. Therefore, when the gold price approaches or touches it, it is necessary to decisively arrange long orders. As for the upper resistance, pay attention to the 2754-2746 area. If the gold price rises above 2715 during the day, the short order can only be selected when it first touches the resistance, and be prepared for a long breakthrough at any time to look at the 2775 area. If the gold price breaks the 2707 support first, then the possibility of breaking through the 2740 area during the day will be ruled out. At that time, it is necessary to actively arrange short orders at 2710 or above.
The intraday operation is recommended to be mainly low-long, supplemented by high-short. For the lower support, pay attention to the 2720-2723 area. Above it will help the bulls to test and break through 2740. If it is taken by the bears, focus on the 2707-2710 area. This area is not only the starting point of yesterday's plunge, but also the dense support area of the current technical pattern. Therefore, when the gold price approaches or touches it, it is necessary to decisively arrange long orders. As for the upper resistance, pay attention to the 2754-2746 area. If the gold price rises above 2715 during the day, the short order can only be selected when it first touches the resistance, and be prepared for a long breakthrough at any time to look at the 2775 area. If the gold price breaks the 2707 support first, then the possibility of breaking through the 2740 area during the day will be ruled out. At that time, it is necessary to actively arrange short orders at 2710 or above.
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