Gold, buy more directly at 2890
Overnight gold has come out of a roller coaster ride, but overall it is still in a bullish form, which is very obvious. At least the candlestick chart has always remained above the moving average, which is an ironclad fact. Moreover, the daily chart level still maintains a bullish line, and the pullback is limited. The candlestick chart has been soaring all the way, and it is understandable that it will fall by $50. Therefore, we will continue to watch the rally during the day
The trend of the gold four hour line is still bullish, at least it has remained stable throughout the entire process. The low point is obviously constantly rising and improving, and the high point is also constantly setting new highs. The slope is also clearly upward, indicating a bullish trend. At the same time, the moving average continues to run upward, with no signs of turning downwards. The support line is clear, so buy long. Buy long directly at 2890
Investment strategy: Buy long at 2890 gold, stop loss at 2880, target at 2900
Disclaimer: Investment carries risks, caution is required when entering the market
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