Gold, 2880 supports buy long

2025-02-18 1697

The four hour gold line near 2880 is also a clear signal of a double bottom. Every time the candlestick falls back to this position, it can pull up strongly. The bottom is all dominated by bullish lines, indicating a bullish attitude. The moving average has also shown a clear upward turn, at least stopping its downward movement. Obviously, the bulls are accumulating strength. Buy long, buy long at 2880

Investment strategy: Buy long at 2880 gold, stop loss at 2870, target at 2920

Disclaimer: Investment carries risks, caution is required when entering the market

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