After gold stepped back, it hit a new high again. Gold bulls continued to be strong. Gold broke through 3127 again, so the bulls are even better.
The gold 1-hour moving average continues to cross upwards and diverges. The support of the gold 1-hour moving average has moved up to 3096, but gold is now far away from the moving average, so wait patiently for adjustments and then step back to continue to buy. The gold 1-hour lowest yesterday fell to around 3100 and then stabilized again, so today gold will continue to buy on dips above 3100.
Trading ideas for reference：
Go long near gold 3110, sl: 3100, tp: 3130
The gold 1-hour moving average continues to cross upwards and diverges. The support of the gold 1-hour moving average has moved up to 3096, but gold is now far away from the moving average, so wait patiently for adjustments and then step back to continue to buy. The gold 1-hour lowest yesterday fell to around 3100 and then stabilized again, so today gold will continue to buy on dips above 3100.
Trading ideas for reference：
Go long near gold 3110, sl: 3100, tp: 3130
Note
The market is changing rapidly, and since the gold bulls are now back with a strong force, they should continue to buy in the trend. The market is relatively volatile now, so you must wait patiently for opportunities.Trade active
Click the link below my article, where I will write my latest trading opinions for your reference every dayNote
After gold reached a high level, it fell. Gold cannot continue to rise forever. Even if it rises, it will first fall back and then rise.Note
It is a wise choice for us to short gold at a high level. At present, it is not yet time to go long on gold.Note
I will continue to bring gold trading ideas during the day, you can click on the link below my article to view
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✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
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t.me/Mentor45689
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
✅Finding an experienced professional trader would be a wise choice!
🔴I can help you with 10 years of trading experience
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.