Gold is now the home ground for bulls, so let's continue to buy more in line with the trend

2025-01-17 1579

Gold is still in a bullish trend, and a pullback is an opportunity to go long. Gold has once again hit a new high in recent times, and bulls are better. Buy long directly at the current price of 2710 in the morning!

The 1-hour moving average of gold continues to diverge upwards, and the bullish trend of gold will continue. The high point of gold continues to reach new highs, and the low point also rises one after another. The 1-hour bullish trend of gold is still evident. After breaking through 2700 yesterday, gold has stabilized at 2700. Today, gold will hold on to 2700 and continue to be bullish. The current price of gold in the morning session is 2710, which can be increased first.

The market is constantly changing, and gold is now the home ground for bulls, so it's better to continue buying long.

Morning trading strategy:

Buy gold 2710 long, stop loss 2700. Target 2725-2730;

Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.

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