The upward trend of gold remains unchanged, hitting 2904 in early trading to buy long!
After bottoming out and rebounding last night, gold made another round of adjustments in early trading today. From the perspective of the market, the rhythm of market operation still maintains a fluctuating upward trend. Gold prices continue to decline, but the strength is still not enough to change the original upward pattern. Therefore, today's operating strategy is to continue to be bullish and then fall back a little more!
The low point of 2900 that fell last night is at the integer support level, with strong support effect. At the same time, it faces the support platform of 2895 line below. If gold wants to break through the heavy support, it is obviously unrealistic to rely solely on such volatile fluctuations. There must still be a trigger! And tonight, Xiao Fei Nong will be the data we focus on! We will continue to see a volatile upward trend in the white market, and plan our layout separately in the evening. However, in the morning, the gold price fell and reached the 2904 line. We have already planned to go long and make profits!
Specific strategies
Gold 2904 buy long, stop loss 2896. Target 2920
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