Gold is supported by 2700 and currently remains bullish!
The trend of gold last night was very slow, supported by 2700, and the market did not fall below the key support level. The gold price also showed a pattern of continuous oscillation. Currently, the gold price has been fluctuating at a high level for a long time and is expected to remain bullish in the short term. In the morning, we should still pay attention to the key points below and maintain a bullish mindset! Gold will continue to look towards the 2726 line in the short term!
The market is expected to fluctuate within the range of 2702-2712 in the next hour, and will continue to hold in the morning session. According to the recent trend, it is expected to break out of the top shoulder bottom structure. Although the gold price has not yet broken through the pressure of the neck line 2616, it is also difficult for gold to fall. In the long run, whether it is the daily or hourly line, gold is in a bullish trend! So in the morning session, we should wait for the gold price to fall around 2700 and continue to buy long!
Specific strategies
Gold 2700 buy long, stop loss 2690, target 2720
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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