Gold is strong, continue to look towards the 2790 line!

2025-01-22 2658

The recent trend of gold continues to fluctuate and rise, with flexible transitions between high and low points. Currently, the gold price has once again hit a new high in the morning session, marking the beginning of a new round of upward movement for gold. However, in the morning session, we did not chase long and waited for a pullback before buying long!

The energy of the early morning gold price surge is slightly weak. After refreshing the volatile high point, gold did not further rise, which can only indicate that the gold price has broken through the upper selling pressure for the first time, and according to this trend pattern, the surge and fall are inevitable. The lower support is around 2732 and 2728. If there is a sharp rise in the early morning, do not chase the high, and do more to support the fall! Gold price hits around 2732, buy long!

Specific strategies

Gold 2732 buy long, stop loss 2724, target 2750

Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating

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