US-China Talk Drops Gold Short; Short Strategy

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Today, Trump announced that China and the U.S. participated in a telephone exchange ๐Ÿ”Š! After the market learned this, optimistic sentiment surged rapidly, causing U.S. stock futures to rise sharply in the short term ๐Ÿ“ˆ. As a result, spot gold turned lower in the short term โ†“. The current situation favors short positions:

Short at current price ๐Ÿ“‰: Initiate a small short position near 3350 ๐Ÿ‘Œ, set a unified stop loss above 3360 โš ๏ธ, and target key support levels at 3325-3320 ๐ŸŽฏ.
Add to shorts on rebound โ†•๏ธ: If the price rebounds to the 3350-3360 range, increase the short position ๐Ÿ“Š, maintaining the same target ๐ŸŽฏ.
Chase shorts on breakdown ๐Ÿ’ฅ: If the price breaks below 3320 support, chase the short trend with a stop loss at 3330 โš ๏ธ, targeting the psychological level of 3300 ๐Ÿง .

Risk reminder โš ๏ธ: Monitor U.S. stock futures and follow-up developments in U.S.-China relations closely ๐Ÿ‘€, and be wary of volatility caused by a reversal in market sentiment ๐Ÿšฆ. Keep position sizes within 10% โš–๏ธ and strictly adhere to stop losses โ›”.


Gold Trading Strategies
sell@3350-3355
tp:3325-3320

sell@3315-3320
tp:3305-3300

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