The hourly chart uses the high point of 3500 as the adjustment wave pattern, and is currently in the second rebound confirmation high point. That is, the high point of wave B in the adjustment wave pattern, and there will be some competition here. There will be repetitions in the confirmation process. At present, the 4-hour chart rebounds from the lower track to the middle track and shows signs of slight pressure. The volatility base is large, and the secondary confirmation high point depends on the pattern, which can be high or low. The lower point may be under pressure below 3370, and the high point may be under pressure again around 3408. The large wave base is more challenging for the entry point, so give the strategy in advance. There may be some mistakes. It is easy to sweep the loss first and move towards the established target. Yesterday's intraday short position between 3362-3365 was expected to retreat to 3306. It is also a precise band short point. Short-term first continue to short near the middle track 3362-3365, defense is placed at 3370.5, and the target is to reduce the position and break through 3306-3286 before looking down. Overall, the short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is 3368-3370 resistance, and the short-term focus on the lower side is 3306-3285 support.
Short order strategy: Short in batches near the rebound of gold around 3362-3365, stop loss 6 points, target around 3310-3285, break to see 3260;
Short order strategy: Short in batches near the rebound of gold around 3362-3365, stop loss 6 points, target around 3310-3285, break to see 3260;
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