The Operation Strategy for Gold Range-Bound Market

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The Operation Strategy for Gold Range-Bound MarketGold (XAUUSD)CAPITALCOM:GOLDcusxgqThe international gold price is currently under pressure at high levels and pulling back, with bullish momentum weakening significantly. After surging higher earlier, it failed to extend the strong upward trend. The upside resistance is growing increasingly strong, and the price is highly likely to fluctuate and correct lower in the short term, making it suitable to go short on rebounds at highs. From the market trend perspective, the gold price rebounded to touch the high range but faced repeated resistance and failed to break above, forming a clear pattern of gradually lowering highs. The rebound momentum keeps weakening; the overall market is range-bound and slightly bearish, with bears dominating the short-term trend. Short-Term Strategy Set stop-loss orders in range-bound markets and avoid chasing rises and selling off on dips. Go short on rebound between 4730–4740 Stop loss above 4750 Take profit at 4700–4680