Gold Spot / U.S. Dollar
Long
Updated

Gold has started to rebound, bullish signals start to make money

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After gold fell back to the 2890-2900 area just now, the head and shoulders bottom formation has basically been formed.

In the previous article, I said that today's trading strategy is to do more. When the price steps back to the 2890-2900 support area, we can buy in this range. Now I have entered and wait for gold to rise.

From yesterday's shock range, we can set the target at 2920, 2930, and 2950. Now gold has begun to rebound and the price has reached 2915. The long orders we entered have begun to make money. If you don’t know where to trade yet, you can join our channel so you can get my latest trading ideas!
Trade active
The first goal has been achieved, congratulations to the friends who followed the transaction
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Note
The 2920-2930 resistance range still has strong suppression. If it can break through here, it is very likely to touch the new high of 2956 again. If it fails to break through, it will fall back to the 2900-2890 support level again.

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