Gold is steadily rising, today's adjustment is bullish!
The early opening of gold prices once again made a strong impact on historical highs, but it has not yet succeeded. However, the distance is very close, only one dollar apart. The bullish trend of gold is still very hardcore, and the probability of breaking through and continuing today is very high! Yesterday, it was publicly announced that the high-altitude layout had already made a profit and left the market in a volatile range, but today we will adjust our thinking to mainly focus on falling back and being bullish!
While gold was fluctuating last night, its high point kept moving upwards, which clearly signaled that the market was about to end its adjustment and break. However, our operational strategy remained the same as before, not chasing the rise or killing the fall in the morning session, and waiting for a pullback to place orders! At present, the gold price is hovering around historical highs, and we need to wait for a pullback in the morning. Pay attention to the support level of 2993 below, and if you step back in the morning, you can directly buy more!
Specific strategies
Gold 2993 buy long, stop loss 2985. Target 3005
Disclaimer: The above suggestions are for reference only. Investment carries risks, and operations should be handled with caution
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