Gold 2643, buy long and rise sharply with a backhand, continue to buy long in the early session of the Asian market after falling back!
The 1-hour moving average of gold has now diverged upwards with a golden cross. Yesterday, gold hit its lowest point at 2636 in the US market and continued to rise. Gold continued to buy long on dips at 2636 in the morning session, and now it is constantly breaking new highs. The bullish momentum of gold is like a rainbow. If it falls back in the morning session, continue to buy long. If it falls near 2645, you can buy long first.
The market is constantly changing, and the most important thing is not to overthink it. The road is simple, follow the trend, and when gold becomes stronger, don't be obsessed with the bears anymore. The wind blows on whichever side it goes, and gold's bullish trend continues. A pullback is an opportunity to buy more.
Morning trading strategy:
Buy long gold 2645, stop loss 2635. Target 2660-2670;
Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.
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