On Thursday, trading around 2615 was long, breaking through 2620 and adding positions to buy long. Horizontal trading continued with 2623 and continued to make up for more upward momentum. Long positions were also successfully taken, with both continuation and pullback in the market. The overall pattern tends to be strong, and breaking through 2640 is not yet possible. The market layout was long on Thursday and successfully took profits and exited the market.

On Friday, gold refers to the upward momentum point on Thursday and goes to a short-term trend line of 2615/2620. This is a good buying opportunity, and the price of 2620 is also the opening price of this week. In the short term, you can enter the long market around this point and exert force to move out of the visible position range of 2652/62. The limit reference position is around 2662, still around the Asian market strength. There will be an adjustment pattern in the European market to refer to today's framework. Asian market gold cannot effectively exert force to rise, but to adjust and fall. Therefore, the upward trend of gold on Thursday will attract bullish behavior, and in the short term, it is more reasonable to refer to the price below 2620 and leave the long market.

If the price falls below 2620 in a sideways trend, you need to wait and see. Don't chase after it. With little overall volatility this week, there is a possibility of profit taking by repeatedly entering the market. As long as gold falls below 2620 today, you can stop entering the market. The main point is that if it falls below, it is not recommended to trade.

Short term buy long on 2628/30, breakthrough key in Asian market

If the Asian stock market falls below 2620, wait and see

Breaking through the visible position range of 2652/62 horizontally,

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