Gold range oscillates, operation suggestionsFrom the daily chart, the daily MA5-MA10 of gold is about to stick together to form a dead cross. In the 4-hour chart, the continuous negative pattern makes the price continue to run below the short-term moving average, and the short-term moving average continues to form downward resistance. Among them, the 10-day moving average and the 5-day moving average constitute double pressure. In addition, other periodic indicators turn to short positions, and the Bollinger Bands are also biased downward as a whole, which is conducive to the development of short positions. For intraday operations, it is recommended that gold continue to rely on the high point of 2750 to carry out high-altitude layout in the short term. The white market will first look at the test of 2718, and the late market will directly look at the break and extension of 2710. Pay attention to the pressure of the 2748-2750 area during the day. When the gold price approaches or touches it, decisively carry out short-term layout, and the target is a new low.
