Gold safe-haven buying hits record high again!Stimulated by risk aversion, gold has been rising all the way, strongly pulling bulls back, and then gold adjusted. However, the previous box was broken by shocks, and gold fell back and still got support on the upper edge of the box. Bulls once again made efforts to attack, and the price continued to test the high point line. After the daily cycle was corrected for five trading days, bulls rose again, and the high point was likely to be refreshed. Stop loss and exit for short-term short orders within the day. According to the extension of the amplitude of the rise from 3003 to 3036, 3066/3080 can be seen above. After this correction is over and the high is broken, we will see whether we can go short. We never do dead longs or dead shorts. Since gold has chosen to break upwards in the shock, we still need to follow up and go long. Gold broke through and fluctuated upward during the day. The first reason was risk aversion and the second was a technical breakthrough. As for the overall decline or rise, gold's 1-hour moving average now began to disperse upward golden crosses for bulls. After gold's retracement was confirmed, bulls continued to exert force. After gold fell back to support near 3033, it began to surge upward. The bulls still control the home court. The current top and bottom conversion position is here 3033, so if it falls back to 3033-35, continue to buy. On the whole, the short-term operation strategy for gold is to mainly buy on pullbacks and short on rebounds. The short-term focus on the upper side is the 3070-3080 resistance, and the short-term focus on the lower side is the 3030-3033 support.
