Gold 2772 supports buying more

2025-02-03 1860

Gold hits historic high, falls 2772 or buy more

Last Friday evening, the bullish candlestick surged directly to around 2817, reaching a new historical high. The strength of the bulls is basically unquestionable, including Wolf Brother. Currently, there is no obvious top signal, so it continues to be mainly low long, with 2772 supporting buy long

In the morning session, the gold price directly fell back, which is a normal trend. The hourly line runs clearly upwards, and the candlestick is all above the moving average. Even if it falls back, it only falls back to the position of the moving average, which means that the moving average is the existence of a copper wall and iron wall. The 4-hour line is also a bullish trend with leverage. Every time it falls back to the moving average, it rises strongly and spirals upwards. Long positions are inevitable. The 2772 support line is obvious, which is the position of the moving average. Buy long, buy long 2772

Investment strategy: Buy long at 2772 gold, stop loss at 2762, target at 2820

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

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