Will gold still rise after retracement adjustment?
Updated
The morning strategy of buying 2321 has successfully made a profit. Now Gavin will look at tomorrow’s trend analysis.
Gold opened lower on Monday morning, touching the expected support range of 2305-2300, and successfully pulled up, reaching a new historical high again. The current highest is 2353. The price continues to refresh the market's perception; it is a typical extreme emotional market, which is negative. If it does not fall, it will reach a new high. It does not rule out the possibility of a market washout. It is also optimistic about the general direction. The European market still has a cycle of shocks and backtests. It is recommended to pay attention to the adjustment of the emotional subsidence after the big rise. Pay attention to the short-term support 2320 for dips, and focus on it. Support at the 2300 mark is also a watershed between bulls and bears
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