Gold breaks historical high, buy more in line with the trend
Gold has broken through a historical high, officially kicking off its upward trend, driven by the dual factors of uncertainty in tariff policies and expectations of interest rate cuts by the Federal Reserve. Nowadays, the market is mostly bullish, but we also need to be cautious about where to go long?
The golden bullish candlestick has risen, sweeping away all bears and bursting all bears. The pressure level of 2956 has become a support level, so it is not a problem to go long above 2956. The current position of 2980 is clearly too high, so I will wait for a signal from the K-line to start long.
Overall, the market is still very strong today, so take the opportunity to go long.
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