#XAUUSD #GOLD
For short-term gold trading, the recommended strategy is primarily to sell on rallies and secondarily to buy on dips. Key resistance levels to watch are 5000-5030, while key support levels are 4950-4930.
Pay close attention to the crucial support level of 4900. A pullback to this level could present a buying opportunity. If it doesn't reach that level, consider buying around 4950.
This is my current thinking. I will send out market analysis as soon as the market opens tomorrow.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now