Gold has stepped back in place, and the current price is directl
Updated
https://www.tradingview.com/x/cJibENiJ/
During the day, the price of gold encountered pressure above the 2047 line. In the short-term Asian and European markets, bulls lack the motivation to continue their upward move. In the evening, there was a slight correction first to absorb the bottom chips, and then continued the previous upward trend. This is also in line with our early trading expectations! At this stage, the gold price encounters both the bottom 2030 moving average support and the 2028 trend line support. Currently, 2034 is directly long.
The one-hour pattern of gold prices shows a trend of rising bottoms and rising highs. At this stage, gold prices are running above the golden cross moving average. Judging from the short-term trend, bulls will definitely suppress shorts. Gold prices will hit 2047 highs again tonight. Please wait and see!
Trading strategy: Long gold 2034, stop loss 2025, target 2045
During the day, the price of gold encountered pressure above the 2047 line. In the short-term Asian and European markets, bulls lack the motivation to continue their upward move. In the evening, there was a slight correction first to absorb the bottom chips, and then continued the previous upward trend. This is also in line with our early trading expectations! At this stage, the gold price encounters both the bottom 2030 moving average support and the 2028 trend line support. Currently, 2034 is directly long.
The one-hour pattern of gold prices shows a trend of rising bottoms and rising highs. At this stage, gold prices are running above the golden cross moving average. Judging from the short-term trend, bulls will definitely suppress shorts. Gold prices will hit 2047 highs again tonight. Please wait and see!
Trading strategy: Long gold 2034, stop loss 2025, target 2045
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Gold will start an upward trend after a wave of adjustmentsTrade active
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