XAUUSD: Looking for Sell Opportunities in the 2655-2665 Range

In the intraday, we can see that the 2655 line has been verified many times last week. Every time the price comes here, it has fallen. If gold cannot break through here directly today, it will most likely fall again.
Now we can see that although the gold price has come here, it has encountered resistance again. In addition, the previous high point of 2665 will also play a suppressive role.
So here, in the absence of a very smooth breakthrough, there will definitely be a large number of profit-taking positions closed here, which is bound to lead to the strengthening of short-selling power.

Therefore, I think we can observe the resistance of the 2655-2665 range. Once it is blocked and falls, we can look for opportunities to sell at high levels.