XAUUSD: Buy
Updated
Today we continue to do long gold at a lower position according to the plan we have formulated.
In the 1D chart, the resistance of MA20 has been broken, and the arrangement of K lines also shows signs of forming a small bottom, which is beneficial to bulls.
The 1h chart shows that the price has broken through the suppression of all moving averages, and MACD is also in a bullish trend, so we are long today.
Trade active
CPI data has brought very strong volatility to gold. Although it is beneficial to gold bulls, the market has not risen much. We continue to look for opportunities to do long at low positionsTrade active
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