Gold continues to rise and falls, stay bullish!
The current one hour market trend pattern of gold has not changed and is still maintaining a volatile upward trend. The high point has reached 2724 and has completely stabilized above 2700. The daily trend has broken through the adjustment range of the triangle, and gold is bound to continue to rise. The next target will be the historical high point of 2790!
Last night, after the gold price rose, it was also the second half of the night when many profit taking took place. The gold price began to fall back, and the recent trend was the same. So today's operating ideas remain unchanged, and the decline continues to remain bullish. Under the premise of not falling below 2700, 2700-710 have the opportunity to buy more, mainly because of the strength of adjustment in the market!
Specific strategies
Gold 2705 buy long, stop loss 2695. Target 2720
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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