Gold Spot / U.S. Dollar
Long
Updated

Gold bulls are unstoppable!

188
Now, looking at the four-hour market, the previous wave of callback pushed back to 1.618 and is around 3032.The overall trend of gold yesterday was in line with expectations. It rose as expected. Although there was a decline during the session, it did not continue. It finally closed around 3,000 at the end of the session, which was a strong closing. Gold still has the momentum to continue to rise. In operation, there are retracement to go long, and if there is no retracement, go long directly.
 Specific operation ideas:
1. Continue to go long if the price falls back to 3006, protect 5 points, and target around 3030;
2. Go short if the price touches 3032, and look for a retracement, protect 5 points, and target around 3006.
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