Gold has broken through, adjust your mindset for the day, fall back and buy more!
The trend of gold always surprises, and safe haven events continue to ferment in the middle of the night. Therefore, gold has also started a continuous upward trend, breaking through 2657 and accelerating continuously. At present, it is already suppressed by breaking through 2657 and 2666, and gold has moved in a new direction with room for operation. In the morning trading, the strategy is to buy long after falling back!
Gold is currently facing new support and pressure. Last night, the gold price rose and fell, with a precise increase of the 2657 line. The 2657 line happens to be the peak conversion level in the early stage, and the further observable support level is the moving average rising at 2652. Currently, the pressure above is only the high point 2676 that rose last night. The gold market is relatively strong and easy to rise but difficult to fall! Waiting for the gold price to fall and reach around 2657 in the morning session, start laying out long orders! And our first goal for this round is to first see the 2676 front line!
Specific strategies
Buy long gold 2657, stop loss 2647, target 2676
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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