Gold, continue to buy long at the morning Asian market price of 2753!
Gold continued to hit a new high yesterday, and the bullish trend in gold continues. Gold is currently experiencing narrow fluctuations and accumulating momentum for an upward trend. Gold bulls will continue to exert their strength at any time, and the current price of gold in the morning session is 2753, so buy long!
The 1-hour moving average of gold continues to diverge upwards with the golden cross, and there are no signs of any turning around yet. Gold bulls continue to be strong, and a pullback is an opportunity to continue to buy long. After reaching a new high yesterday, gold fell back and remained at the 2750 line, indicating that gold bulls are still relatively strong. If gold stays at 2750, they should continue to buy long.
Since gold is still the home ground of bulls and has not experienced a major decline, then gold will continue to keep up with the pace of bulls and continue to carry gold bulls to the end.
Morning trading strategy:
Buy gold 2753 long, stop loss 2743. Target 2770-2780;
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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