Gold is still long, pointing to 2380 in the short term
https://www.tradingview.com/x/ak2bZwo7/
Gold's short-term rise has slowed down, but it's still bullish. Remember, when it's strong, high corrections are not weakness, but consolidation and gathering momentum. Yesterday's trend also confirmed this. Yesterday, it broke through a new high and rose again. Although the US market fell back, it did not fall below yesterday's early trading point. This is a typical strong market, with the lows still moving up and the highs moving up. Therefore, in terms of operation, it is still only long but not short.
Operation plan for the day:
Directly long near 2350, stop loss 2340, target 2370-2380.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
Gold's short-term rise has slowed down, but it's still bullish. Remember, when it's strong, high corrections are not weakness, but consolidation and gathering momentum. Yesterday's trend also confirmed this. Yesterday, it broke through a new high and rose again. Although the US market fell back, it did not fall below yesterday's early trading point. This is a typical strong market, with the lows still moving up and the highs moving up. Therefore, in terms of operation, it is still only long but not short.
Operation plan for the day:
Directly long near 2350, stop loss 2340, target 2370-2380.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
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