Continue to buy more gold: 2621 buy!

2025-01-07 1984

Overnight gold continues to be dominated by low long positions, so as long as gold falls back, Wolf Brother is doing long positions, buying long at the 2622 line. The candlestick line eventually rises, reaching a high of around 2640. Naturally, long positions are also profitable and continue to be dominated by low long positions

The gold four hour line is still at the bottom with a strong bullish candlestick, stopping the downward trend. At the same time, the candlestick has a shadow line, which is a typical bullish tenacity. The candlestick retracement is only a retracement, and the bullish pattern has not changed yet. The support line is still around 2620, which is our entry position. The moving average continues to move upwards, buy long, buy long at 2620

Investment strategy: Buy long at 2621 gold, stop loss at 2610, target at 2652

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

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