Gold continues to maintain its strength, and the Asian market fell in early trading, buy more!
Gold has reached a new high in the morning session, and the market has already broken through the previous peak suppression level of 2721. However, gold has not experienced a significant rise or fall recently, and the slight drop in gold prices has given us the opportunity to go long! In the morning session, we should wait for the gold price to adjust slightly and go long!
The one hour market trend of gold has remained in an upward trend, and there have been multiple downturns during the gold price period, but they will rise again due to the strong overall market and return to an upward trend, and this is no exception now! In the continuous upward trend of gold prices, the support level of the moving average has reached 2703, while the peak support of the wave is at the 2704 line! To achieve a stable and conservative level, we need to wait for a slight decline!
Specific strategies
Gold 2706 buy long, stop loss 2698, target 2720
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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