Buy long and hold gold 2643, see through 2665

2025-01-08 1612

Yesterday, gold had already won two consecutive victories. 2630 is publicly available across the entire network, with 2645 transactions and a profit of $15 from multiple orders. 2638 bought long again, 2650 took profit and was eliminated, successfully winning the intraday gold long single winning streak. Gold once again hit the pressure level of the 2665 line, quickly falling back and washing away the market. This time, it was supported by the 4-hour moving average, and 2643 entered the market to buy more.

The first line of 2665 has already been hit twice, there will be another two, and there will be another three. This time, it is highly likely to break through 2665. Because the strength of the decline is becoming smaller and smaller, the first shock fell by $50, yesterday's shock only fell by $20, and today we must break through.

I still insist on my viewpoint that the market is bullish as long as it is above the neckline level of 2636. Yesterday, multiple moving averages supported the gold price in a 4-hour cycle. Isn't this an important indicator for continuing to be bullish? So buy long at 2643 overnight and continue to hold, seeing through 2665.

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