Gold has broken through the range pressure and is waiting to fall back to 2650 buy long!
The gold price has been steadily rising and counterattacking step by step. Last night, stimulated by data, it surged significantly and broke through the key pressure level of 2665, thus opening up a new round of upward space in the short term! And today, if the short-term market falls, buy more!
Yesterday, the gold price rose above 2665 and peaked at 2670. In the second half of the night, the gold price rapidly fell, and the low point was supported by the intraday low point. The overall trajectory showed a volatile upward trend. Understanding this pattern is very beneficial for our operations today! The low point adjusted in the early morning is around 2649, which means that the low point adjusted today will not be lower than 2649. Gold can start buying long when it falls back to around 2650 in the morning session!
Specific strategies
Gold 2650 buy long, stop loss 2642, target 2665
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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