Gold is still bullish now. As long as it falls back, it will be long. Of course, the key is that the K-line basically does not fall back. All of them are big positive lines. Even if the K-line falls back, the big positive line directly covers the upward trend. This is a super buying trend.
Gold daily level is all big positive lines, and it is still rising steadily. This is an unstoppable rhythm. At the same time, the K-line is running at a high level of 2990-3000. This is a sign of consolidating the bottom signal. The bottom is firmly established, and the moving average continues to run upward. It is also close to vertical upward. The bulls are too strong. Go long at 3000.
Investment strategy: Gold more than 3000, stop loss 2990, target 3050
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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.