Gold continues to rise, intraday decline continues to go long!
Gold has been maintaining a volatile trend recently, with the amplitude of the volatility widening. Every rapid downward move makes people feel like the end of the bulls! But the market situation is not like that, the decline is only a correction, and the wide range oscillation is just a wash up! The purpose is to gather more firm bullish chips at the high point, so that we can win the high point and set a new high again in the later stage! We will continue to be bullish this day!
Last night's decline has basically rebounded, and the continuous upward trend last night also indicates the market's attitude. The dominant energy in the market is still bullish. As an adjusted upward wave, it is expected to break new highs again when it starts to rise! Therefore, the key point at the moment is to grasp the point of going long. In the early session, focus on the long-term average to support the 2938 line, and adjust to the 2938 line in the session to start going long!
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