Gold continued to fluctuate on November 24th.

3 days ago

Gold is currently trading on the hourly chart, with short-term moving averages remaining flat and converging, compressing the price between 4000-4120 and further narrowing the range to 4100-4130. Based on the current trend, the US session is likely to maintain a slightly range-bound movement. On the hourly chart, the price has broken out of the previous low-level consolidation range, and the candlestick pattern is gradually maintaining a slightly stronger upward trend along the short-term moving averages, suggesting potential for further short-term gains. However, the strength of these gains needs to be assessed, and attention should be paid to any short-term corrections or adjustments.

3 days ago

Trade active

Short-term trading strategy:

Sell near 4086, stop loss at 4100, take profit at 4040