CFDs on Gold (US$ / OZ)
Long
Updated

Gold is waiting to break new highs, and the callback in late tra

1112
From a technical perspective, the current upper 2924-2930 range has become a resistance zone for further increases in gold prices. The stability of the market bottom shape and the overall stronger trend in late trading indicate that gold prices are expected to break through this resistance in the future and set a new intraday high. At the same time, the 2912-2907 area below provides solid support for gold prices and provides a strong guarantee for the continuation of the bullish trend. Therefore, in the late trading operation, we recommend that investors mainly go long on callbacks.

Late trading operation strategy 1: It is recommended to go long in the 2918-2913 area, stop loss at 2907, and the target is 2930-2940.

Trade active
Gold is currently at the best entry point. Buy directly at 2900-05, with a target price of 2950. You can get the accurate trading strategy in my link.

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