Gold maintains strong breakthrough, retrace and continue to buy more!

2025-03-20 2996

Gold rose again last night and hit a new high. Recently, there have been continuous new highs, and the market energy is very strong. There is no opportunity for a significant adjustment! Even if you don't have the brain to go long in short-term trading, you can still take profits and leave! And today's market remains unchanged, hitting a new high in the morning session with a weak adjustment. In this situation, we should not expect any major market correction. A slight drop can directly catch up with the long market!

The gold price has been at a historical peak in the morning session, and the magnitude of the intraday pullback is very small. The market is bound to rise again for a distance in the morning session, but let's not worry, after all, a sudden rise in the morning session is not a good thing. We will wait for a rebound to rise, and we will focus on the support level at the 3045 line. If there is a slight pullback to the 3045 line, we will go long! We will continue to see breakthroughs at the intraday high point, and we can look forward to the arrival of the 3070 level today!

Specific strategies

Gold 3045 buy long, stop loss 3035. Target 3060

Disclaimer: The above suggestions are for reference only. Investment carries risks, and operations should be handled with caution

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