Gold has won eight consecutive victories, and the early decline continues to increase!
Gold continues to rise, and yesterday it still indicated that the bullish trend in gold has not ended. Gold is directly bullish at 2987, and the article also publicly suggested that it is directly bullish at 2987. Gold gains and harvests, while falling continues to be bullish at 2985. Gold gains and harvests again, with two consecutive long wins yesterday and eight consecutive wins last Saturday. Gold is still in a bullish trend, and the early morning decline continues to be bullish.
The 1-hour moving average of gold is still in a bullish trend with an upward cross. However, it should be noted today that there are signs of a turning point in the moving average. If gold cannot break through the upward trend for a long time, the 1-hour moving average of gold may turn downward, and the bullish strength of gold will weaken. Therefore, today's operation needs to be cautious about the trend of rising and falling. Gold formed strong support at 2980 yesterday, and it is still advisable to buy on dips at 2980 in the morning. Gold can continue to buy around 2985. However, it should be noted that if the European market has not yet risen and broken through, gold may weaken, and flexible adjustments should be made at any time.
The market is constantly changing, and it is important to follow the trend. Trends are king; Plan your trades, trade your plans, how far a person can go depends on who they are traveling with. How much success a person can achieve in the market depends on who can guide them.
Morning trading strategy:
Gold 2985 buy long, stop loss 2975. Target 3005-3015;
Disclaimer: The above is purely a personal opinion sharing and does not constitute operational advice. Investment carries risks, and profits and losses are borne by oneself.
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