There are good opportunities for both long and short positions

Gold Midday Analysis
A few hours ago, I suggested opening a long position near 3638. The price rebounded to above 3650. While the profit wasn't significant, the support level I identified was very accurate. The price retraced twice to around 3637, confirming support before continuing its rebound. Gold continues to trade below 3660, which is the resistance level and the point I recommended for opening a short position yesterday.

Currently, gold is oscillating and correcting at a high level, so both long and short positions offer opportunities. While the range and profit margins are limited, trading within this range is easier. Simply monitor the support and resistance levels and trade accordingly—it's simple and easy.

Gold Strategy
In the short term, gold remains in a relatively strong technical formation on the daily chart, with no material changes. Resistance is around 3660, while support is around 3620. A short-term breakout of either level would trigger a broader and more accelerated market. Given the strength of the market, I believe it's safer to open a long position based on a pullback to support. There are opportunities to open short positions currently, and consider opening a short position in the 3650-3660 area. Short-term trading requires quick entry and exit, otherwise profits will be lost due to market fluctuations.

Thank you for viewing my strategy. If your current trading is not satisfactory, I hope my ideas can help you avoid investment pitfalls. We welcome your discussion!