The bull charge was successfully soundedAfter the opening, gold has rebounded by 50 US dollars from 3076 to 3127. We failed to enter the market with a long order at 3073, and unfortunately stopped out with a light position near 3110. We will focus on the breakout of 3127-30. If it fails to break higher, then this point may become a short-term high. If it falls back to around 3100-06, we will continue to keep the idea of going long after the retracement!
From the 4-hour analysis, the support below is around 3100-06, with a focus on the support line of 3086-94 below, and the short-term pressure above is 3127-3130. Keep the main tone of participation in the idea of going long after the retracement. In the middle position, watch more and do less, and follow orders cautiously, and wait patiently for the shutdown point to enter the market.
Gold operation strategy:
1. Gold retracement 3100-3106 line long, retracement 3086-3094 line long, stop loss 3079, target 3125-3130 line, continue to hold after breaking;
