Gold remains strong, Asian market fell in early trading, continue to buy more!
The 1-hour moving average of gold continues to diverge upwards, and gold bulls continue to be strong. In the morning, they fell back and continued to go long. The high point of 2676 in the early stage of gold now forms support, and in the morning, they fell back to 2676 and continued to buy on dips. Gold can start to increase around 2685 in the morning.
Where will gold rise?
Gold is currently rising sharply, and many friends are concerned about where it will go. There is no need to guess. Just keep going with the trend and continue to buy. When it rises, there is no limit, and when it falls, there is an opportunity to go long.
Morning trading strategy:
Buy long at 2685 gold, stop loss at 2675, target at 2705-2710;
Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.
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