Gold is expected to continue to retrace the 3235-3225 region.

4月28日

Fundamentals:

1. The tariff issue has been relatively eased, and Trump's repeated attitude towards tariffs has made the market bullish energy not firm;

2. A small-scale conflict broke out between India and Pakistan, which has not had a great impact on gold for the time being. It is necessary to pay attention to whether the situation will escalate;

3. At the same time, it is necessary to pay attention to the dynamics of the Federal Reserve, the Russia-Ukraine negotiations, the US-Iran negotiations, etc.

Technical aspects:

At present, gold is in a state of shock correction as a whole, but from the current structure, the rebound momentum of gold is insufficient, and the rebound high is gradually decreasing. The short-term support below is in the 3265-3260 zone; the short-term resistance above is at 3310-3320; if gold cannot stand above 3300 in the short term, gold may fall further and break through the 3265-3260 zone, and continue to the 3235-3225 zone.

Trading strategy:

Short-term trading is still mainly shorting gold after the rebound. You can use the 3300-3320 area as resistance and short gold in batches

Trading target:

Profit target this week: ≥$30K;

XAUUSD GOLD XAUUSD XAUUSD

4月28日

交易進行

Gold rebounded to around 3297 as expected, approaching the resistance level near 3300. I have started shorting gold in batches as planned. Now gold has fallen back to 3292. Our short positions have begun to make good profits. Have you shorted gold like me?

4月28日

交易結束：目標達成

Gold has just fallen back to below 3287, just hitting our short-term TP: 3287. Our short position near 3297 easily makes a profit of 100pips. This is a great short-term trading strategy. Have you followed my trading strategy to short gold?