The gold market has been washed up and is about to rise, with more above 3120
It's not scary to be trapped by stop loss when going long, but what's scary is being trapped when going short, with profits far away and the possibility of gold skyrocketing and rising at any time. Remember my advice now, it's better to go long and be cut off than to go short. With a wave of consolidation, the gold price has once again risen and is about to break new highs. With such a strong market, we can only go long.
Buy more above gold 3120.
The 4-hour cycle gold price is still running above the moving average, which is still a bullish trend. The retracement moving average can continue to be long, while referring to the support of the 1-hour cycle moving average, we conclude to be long above 3120.
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