Bulls rebounded as expected, aiming at 3400!
Gold bottomed out and rebounded as expected today. Gold opened at 3300 today, and the lowest level fell back to 3291 to start the rebound. So far, the highest level has reached 3325. The support below gold is still relatively strong, but the pressure above is also relatively large, so yesterday and today's performance was relatively stable, mainly with small fluctuations. Today in the European and American sessions, we continue to pay attention to the support of 3290-3300. In terms of operation, if the price does not break, continue to increase. If your current gold operation is not ideal, I hope that your investment will take fewer detours. Welcome to communicate and exchange!
From the 4-hour analysis, the support below gold will focus on 3290-3295 later, and the upper pressure will be around 3335-3340. The short-term long and short strength watershed is 3275-3283. Before the daily level falls below this position, continue to look at the long and short shock range, and keep the main tone of high-altitude low-multiple cycle participation unchanged. I will remind you of the specific operation strategy during the session, so please pay attention to it in time.
Gold will go long if it falls back to 3295-3300, and cover long position if it falls back to 3280-3285. The target is 3316-3320, and the target is 3338-3345 if it breaks.
