Gold broke through pressure last night, buy more on dips today!
Gold has been maintaining a volatile trend recently, but at the same time, the trajectory of gold prices last night has already broken through the high point of 2633 pressure level above. Gold is fluctuating in the short term and tends to buy more. Therefore, we have to change our mindset and buy more on dips today!
Looking at the one hour market, gold rose in the short term last night due to the stimulation of geopolitical emergencies. However, the upward trend did not directly lead to a unilateral rise in the market form. In the second half of the night, a pullback was formed to confirm the bottom support before further efforts were made. At the same time, this trend also clarified the direction of gold prices in the future, and those that should rise will continue to rise! The operational strategy for today is also very simple. In the morning, it fell back to around 2627-2628 and started to lay out and buy long. Short term targets focus on last night's high point and further look up!
Specific strategies
Buy long at 2627 gold, stop loss at 2619, target at 2640
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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