Gold falls back on support, Buy continues to be bullish
Updated
Gold is just an adjustment in the short term. The bullish trend has not changed yet. The correction has been in place. Buy directly at the current price of 2340!
After the opening of the market, gold continued to adjust weakly, stepping back to the support of the 2340 area. After the short-term dip, it continued to be bullish. Gold has begun to step back to the support area of the early intensive trading area in the 4-hour period. Gold has received support from the moving average in the 1-hour short-term, and the moving average is still bullish. The golden forks are arranged upward.
At present, the magnitude of gold's correction is slightly larger, but it has not yet reversed directly. The bullish trend is still there. Once this market stabilizes, it will basically be an uptrend.
After the opening of the market, gold continued to adjust weakly, stepping back to the support of the 2340 area. After the short-term dip, it continued to be bullish. Gold has begun to step back to the support area of the early intensive trading area in the 4-hour period. Gold has received support from the moving average in the 1-hour short-term, and the moving average is still bullish. The golden forks are arranged upward.
At present, the magnitude of gold's correction is slightly larger, but it has not yet reversed directly. The bullish trend is still there. Once this market stabilizes, it will basically be an uptrend.
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