Gold 2686 buy long, retrace and continue to buy long.
Gold, influenced by data yesterday, the bulls once again bottomed out and rebounded, reaching a low of around 76 before continuing to rise. Currently, they have already broken through the 2700 line and closed at the bullish candlestick with a bald head pattern. Therefore, it can be seen that the bulls are still strong in the short term, and the pullback in the short term is likely to be a manifestation of attracting and repairing short positions. At present, they have already reached the 2700 level in the morning, so the European market is still important for the day. In addition, there were initial jobless claims in the evening, and the trend is likely to be similar to yesterday. The current long and short trends have a mentality of seeing death as a sudden return. Currently, gold has broken through, but there is heavy pressure above. Firstly, the first suppression level is likely to be maintained. In the area around 2705-10, this location was the opening position of the early decline, and in addition, it is the 20-25 area, This position is also near the previous high point, while the key support below is maintained at yesterday's starting point and watershed around 2680-77. In the short term, it is likely to continue to compete within this range. Relatively speaking, the bulls are currently better, and the short-term moving average is expected to rise and receive support. If gold withdraws around 2686-85 during the day, it will continue to be bullish, and the target is around 2700-05, with a loss of 2679
Thursday operation: During the golden day, first retreat around 2686-85 to buy long, target around 2700-05, and lose 2679;
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