Breaking through 2900 gold will open up upward space!
After reaching 2891 in the morning session, we closed the short positions at 2910 and 2907 overnight and immediately bought back. After making a big profit from two short orders, now long orders are also starting to make profits!!!
From the golden hour chart, we can see that we are currently facing resistance at 2900, but the market is showing clear strength. It is expected that after the bulls take a short break, the European market will continue to break through. If we fall below 2891 again, we may continue to explore!!!
So, in terms of operation, continue to hold the gold 2892 long order in the morning, and it is recommended to break through 2900 and increase positions in the afternoon. The short-term target is to continue to look up at 2915-2925 or even higher. If it falls below 2891 and there are so many orders to avoid, then adjust your thinking in the market!!!
(Investment carries risks, caution is required when entering the market; the above suggestions are for reference only, and profits and losses will be borne by the operator based on this.)
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