Gold/XAUUSD rebounds from the bottom, continuing to buy low during the U.S. session
In the morning, gold continued the downward trend from Friday, opening low and rebounding after reaching a low of 4967, returning to the 5000 mark, with a high of 5036 before falling again. Our low buy was also perfectly executed with a profit of 50 points!
Gold maintained a range between 4960-5040 during the day, fluctuating. In the 1-hour timeframe, it dropped to 4970 during the European session before rebounding again. In the evening U.S. session, pay attention to the support around 4960, and if it stabilizes, continue to buy low. Attention to the resistance around 5040 above; if the breakout fails, you can short in this area.
Entry opportunity: Buy near 4980, target 5040-5080 #Meta计划裁员 #比特币升回7万 #美国PCE数据将公布