Is gold running at a high level, falling back or more?
Gold still needs to be bullish
At present, gold is still bullish and strong. As long as it falls back, it means buying more. Of course, the key is that the candlestick basically does not fall back, and all the bullish candlestick lines are rising. Even if the candlestick falls back, the bullish candlestick line directly covers the upward trend. This is a super buying trend, take advantage of the situation.
The daily gold line levels are all large bullish lines, and they are still climbing steadily, which is an unstoppable rhythm. At the same time, the candlestick line is running at a high level of 2990-3000, which is a sign of consolidating the bottom signal. Hold onto the bottom, the moving average continues to run upwards, which is also close to a vertical upward movement. The bulls are too strong, buy long, buy long at 2990
Investment strategy: Buy long at 2990 gold, stop loss at 2980. Target at 3050
Disclaimer: Investment carries risks, caution is required when entering the market
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