Overnight gold buy long orders, all take profit at 2635 first tier, buy long with additional positions at 2631
Overnight gold has ultimately reached our target level, which is the 2635 line. We have been looking at the 2635 line for a week and it is still bullish. The 2631 line is running to buy more and continues to be bullish.
Trading is not about buying more and selling short at once, as it can easily confuse oneself. Trading is about the right direction, and the rest is about persistence. Even if there is a deep decline, one can still remain calm. This is inner calmness, because knowing that long positions will inevitably reach the 2635 line.
The golden four hour line is still in the form of a circular bottom, which is a spiral upward trend. This is a bullish trend, where the candlestick falls back a bit and then the bullish line rises directly, and the bullish line directly engulfs the upward trend. Currently, the candlestick is in the stage of spiral upward trend, and there is still huge space above it. The daily level has already stabilized at the moving average, and obviously the resistance line cannot be suppressed. Buy long, buy long directly at 2631
Investment strategy: Buy long gold 2631, stop loss 2620, target 2652
Disclaimer: Investment carries risks, caution is required when entering the market
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