On the 1-hour chart, gold is hovering around 2900, with a fierce battle between long and short positions, but the overall trend is still bullish. The US market will become the focus of market attention in the evening, with the upper resistance at 2917-2923 and the lower support at 2895-2890. In the face of such a market structure, investors are advised to follow the trend and focus on long positions. Of course, the market is changing rapidly, and investors need to pay close attention to market dynamics, flexibly adjust strategies, and do a good job of risk management during operations.
It is recommended to buy at the current price of 2905-2900, with a stop loss at 2893. The target is 2917-2923 and the break is 2932.