H1 short-term frame, although the most recent price structure is established around the $3,409 price mark, be careful of a strong recovery in Asia.
Some actions that can be referenced:
Gold increased above $3,409 and then quickly decreased back below this price mark when entering early Europe, watch for Shorting according to the recovery around $3,409. STP 8 price. Price target is towards $3,379 - $3,359 - $3,340
It is also possible to Short a small order around $3,409 and if STP case, the main order will be activated around $3,425 with STP 8 price and similar Price Target.
In case the Asian session cannot increase above $3,409, the price will easily move down and expand when entering Europe. The strategy at this time will prioritize Sell-Stop if the price loses the bottom of $3,382
It is not recommended to Sell when the price falls below $3,360 because Gold can easily enter the accumulation range to wait.
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