Gold quickly rose in the morning trading today, so we remind you to pay attention to the adjustment of gold and do not chase high positions. Gold hit the highest point of 3057 near stagnation, and started the road of falling back and adjustment. We also went long near 3044 in the real market, and the target was 3053-55. In the afternoon, we went long at 3045 in the real market and took profits at 3051. The hourly high of gold fell back and adjusted. Now before the US market, we entered the long position near 3026 and the target is 3035-40. The hourly line of gold may show the embryonic form of a head and shoulders top. Again, do not chase high gold, look for opportunities to go long after falling back, and the operation is mainly to go long after falling back..
From the 4-hour analysis, pay attention to the short-term support of 3020-3025 below, and focus on the important support of 3000-05. If it does not break after falling back, continue to be bullish. Pay attention to the upper suppression of the upper target. Before the daily level falls below the support below, the main long rhythm of following the trend remains unchanged.
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Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.