Gold received a boost from the positive impact of initial jobless claims data, resulting in a short-term rally. The resistance level above is at 1225, and those holding short positions at 1819 can continue to do so, waiting for the market to return to the technical aspect and continue to decline. Additionally, it is possible to add short positions again around 1824-1825 and short directly at that level. The stop-loss can be set at 1830, with the target at 1810. During the profitable process, investors can choose their own take-profit points according to their risk tolerance.
XAUUSD
XAUUSD
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Comment:
I have added to my position at 30.
Comment:
Gold has experienced a short-term decline, and the short position entered at 30 has already gained profits, suggesting the position be closed for profit-taking. The resistance levels to watch below are around 23-25, and if it breaks through this level, gold will continue to decline. The short position entered at 19 will remain unchanged for the time being.
