Gold is still fluctuating, falling back to 2890 buy long in early trading!
The gold price fell and rose yesterday, and there was no sustained direction in the intraday market. The trend of the white market today was basically the same. It quickly fell and reached around 2896 in the morning, and then quickly recovered, which is similar to the trend of yesterday's morning. The market is still in a volatile stage, so today it is important to maintain a stable outlook for non farmers and take long positions after falling back!
At present, the suppression level of the market is still 2930, and the support below remains unchanged at 2890. Within the range, we will continue to watch for volatility, and we are looking for more volatility. Currently, the market is still in the process of downward exploration. Do not chase after the rise and kill the fall during the trading session. Wait for the morning session until it reaches around 2890 before exceeding it. The goal of going long before breaking through the level can only see below 2930 first!
Specific strategies
Gold 2890 buy long, stop loss 2880. Target 2920
Disclaimer: The above suggestions are for reference only. Investment carries risks, and operations should be handled with caution
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