Gold finds support in the short term, target is 3950

Gold has found support at 3886. A short-term rebound is expected around 3950-55. At this level, you can switch to short positions, with a focus on 3965. If it breaks through 3973 and breaks above the support level in the Asian session, abandon your short position and switch to a full long position. In the short term, we're looking for a rebound around 3950-55. Here, you can short, but be mindful of the risk.

October 28th Gold US Trading Strategy:

1. Buy around 3900-3910, stop loss at 3886, take profit at 3940-50.

2. Short around 3950, stop loss at 3965, take profit at 3910.