Gold breaks resistance, wait for buy after pullback
Updated
Gold strongly broke through Friday's high in the afternoon, and the market changed. We are never stubbornly bearish or bullish, but flexibly adapt to the rhythm of the market. Since gold has broken through strongly, waiting for gold to fall back is the opportunity to buy.
The 4-hour moving average of gold gradually begins to turn, and after gold breaks through, gold will have a double bottom structure in 4 hours. Then gold is likely to start a wave of rise. From the moving average, the current gold price support is around 2316, and the previous The high point of 2315 is now converted into support, and if it falls back to the 2315 line, you can buy.
The 4-hour moving average of gold gradually begins to turn, and after gold breaks through, gold will have a double bottom structure in 4 hours. Then gold is likely to start a wave of rise. From the moving average, the current gold price support is around 2316, and the previous The high point of 2315 is now converted into support, and if it falls back to the 2315 line, you can buy.
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The current signal performance is good, continue to set 3 TPs
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Already reached TP1:2325 and TP2:2330Trade active
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The overall performance today was good. The buy signal at 2315 reached TP1:2325 and TP2:2330, and the profit was considerable. It's a pity that TP3 was not reached.
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