Gold rebounds under pressure

Gold experienced technical pressure last Friday and continued to fluctuate downward during the Asian, European and American sessions. It eventually accelerated its decline to around 2832 during the US session and then rebounded and closed. After the opening of this week, gold rebounded to 2876 and then fell again to 2865 and fluctuated. The upper short-term pressure is at 2876-80. It is recommended to enter short orders when the rebound touches this area.
Today's gold operation strategy:
Short order strategy:
Entry point: Short when gold rebounds to 2876-2880.
Stop loss: Set at 2892.
Target: Look down to 2830-35, if it breaks, continue to hold.
Long order strategy:
Entry point: If gold falls back to around 2825-30, consider entering long orders.
Stop loss: Set at 2815.
Target: Look up to 2860-70.
Key points:
Short-term resistance: 2876-2880.
Short-term support: 2825-2830.
Bull-bear watershed: 2890.
Operation suggestions:
High-short-low-long: short near 2876-2880, long near 2825-30, maintain range operation.
Be cautious in chasing orders: It is recommended to watch more and do less in the middle position, and wait patiently for key points to enter the market.
Risk warning:
The gold market fluctuates greatly. When operating, you need to strictly control your position and stop loss to avoid excessive chasing orders.
Pay attention to changes in market news, especially the impact of factors such as the Federal Reserve's policy and geopolitics on gold prices.