Gold opened at around 3033 and maintained high consolidation. The key resistance above is at 3040-3045. If it can be effectively broken, the gold price is expected to hit the 3050 mark this week. The support below is stable in the 3018-3015 range. Overall, the bullish trend of gold is still obvious. It is recommended to follow the trend and go long on the callback. At the same time, there are high-altitude opportunities after the high rebound, but attention should be paid to risk control Operation strategy 1: It is recommended to buy at 3032-3027, stop loss at 3018, and the target is 3044-3050.
Operation strategy 2: It is recommended to sell at 3050-3055, stop loss at 3062, and the target is 3020-3007.
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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.