There are no failed investments, only failed operations

In early trading today, the gold price refreshed yesterday's low to 2880, and then rebounded quickly. Although the gold price pierced yesterday's low, it did not continue to fall. This indicates that the short-term decline process has been hindered.

Bulls are still stubbornly resisting, and there is even a possibility of returning to the bullish trend and testing yesterday's and last week's highs. In view of this, today's operations require great caution. After all, in the current volatile market, the frequent interchange of positive and negative K-lines is a common phenomenon.

Overall, in the short - term operation of gold today, it is recommended to focus on buying on dips and selling on rallies. Pay attention to the resistance level of 2920 - 2930 in the short - term above, and the support level of 2890 - 2880 in the short - term below.

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