The decline of gold is not a peak, continue to buy more today!
Buy more gold, continue to buy more, fall back is buy more!
After last week's holiday, there was a sharp rise, and on Friday, there was a wave of adjustment. Many people started to panic again, thinking that the bears were good again, but in my opinion, this is a very reasonable technical correction! The operation of the market has always been a process of curves, and the cycle of ups and downs is normal, but we need to distinguish priorities and grasp the main contradictions!
Looking at it now, above the midpoint turning point of 2560 on the daily chart, the overall trend remains bullish and unchanged. Why do I have to emphasize this point time and time again? It is to clarify the basis and bottom line for our persistence in bullish sentiment! In addition, the bottom morphology of the four hour and one hour structures has already emerged last week and is currently in good condition!
So, based on these factors, don't panic about short-term adjustments in gold. On the contrary, everyone should cherish every opportunity for adjustment!
Don't treat adjustment as seeing the top!
In fact, when you thoroughly understand the underlying logic of market operation, you will find that trading is very simple, so simple that even saying one more sentence feels redundant!
The market cycle of ups and downs does not require too much objective evidence, because the market itself is a law. If you discover it and make reasonable use of it, and continue to do so, you can be stable!
The idea for today is also very simple. Before stepping out of the top form structure in one hour, just focus on the small level form changes. As long as the bottom form structure appears in the small level, continue to get on the car!
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