Gold is ready to take off, buy more directly on 2607

2024-12-31 1434

Overnight gold experienced a deep decline, reaching around 2596 at one point, directly masking the bears and then rising strongly. This is the role of the market makers, who are currently buying too much at 2607.

2025 is approaching, and the gold price is also preparing to take off. The pullback is only for better upward movement. The candlestick is not afraid at all, and the bottom has rebounded again with the bullish line. The candlestick is also a clear downward shadow line, which is a signal of bullish strength and a signal of bullish counterattack. The moving average is running downwards and has been paused, clearly turning upwards. Buy long!buy long directly at 2607!

Trading strategy: Buy long at gold 2607, stop loss 2596, target 2640

Disclaimer: Investment carries risks, caution is required when entering the market

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