XAUUSD: Buy bullish when it retreats to around 3000
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As the United States hits the Houthi armed forces hard, the situation in the Middle East heats up again. After two days of volatility, gold has reached a new high today, and the historical high has been refreshed to 3028.
Since the 3000 integer mark has been officially broken, the bulls will definitely follow suit, so the bullish trend is certain, and I only need to consider where to intervene next.
At present, gold has risen again, and 2980 will become an important short-term support position, but it seems that it is unlikely to retreat to 2980 again.
And 3000-3005 will become the primary support level as the previous high point, so as long as it can retreat to this point today, it will be a buying opportunity.
The specific operation is as follows: XAUUSD:Buy@3000-3005 TP1:3020 TP2:3030 TP3:3040
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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.