At the beginning of the golden week, the retracement of 2664 was in place, and the uptrend of 2652 continued to buy long

2024-12-17 1504

At the beginning of the week, the strategy was to go long at 2645 and go short at 2664 under pressure. Following this strategy, we adopted an upward layout and successfully took two long positions during the trading session. The high market at 2664 also fell back under pressure, and the market adjusted slightly, but there was not much continuation downwards. The key position at 2655 was supported in the early morning, and there was pressure in the morning, but it repeatedly broke the level, which is no longer effective now.

On Tuesday, the reference line for gold is to buy long above the low of 2645, and the continued bullish trend at the high of 2664 is still an inevitable pressure. Whether the sustained market can continue depends on the European market. If the price rises in the Asian market and does not continue in the European market, the market will fall back into a sideways trend. The US market is also a new choice. Gold 2654 was the support in the morning session, and if the bullish trend continues, it can see the point at 2664, but if it breaks through repeatedly, it can see 2720.

Buy more gold at 2652 on Tuesday, see if it breaks through 2664 and continues

Trading experience:

Maintain rationality, follow trading plans, and avoid blindly following trends or emotional trading.

Disclaimer: The above analysis only represents personal opinions. Based on this, the profit and loss are at your own risk. Investment is risky, and caution is required when entering the market

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