How long can the gold bull run last?
Since the opening of the gold price in the morning, the gold price has almost been rising continuously during the day, without too much retracement, and every K-line showing a negative trend is an opportunity to go long! During this period, we can't wait for a large retracement. Gold is strong and the trend is difficult to change. It is impossible to go short, and the next step will continue to maintain a bullish mindset. The top K-line of the gold price in the evening has a negative trend. Gold has entered a short-term adjustment market. It is better to wait for a decline! The first support below is 2880. If the gold price falls to 2880 in the evening, continue to go long!
On the whole, today's short-term operation strategy for gold is to mainly go long on pullbacks and short on rebounds. The short-term focus on the upper side is the 2910-2912 line of resistance, and the short-term focus on the lower side is the 2878-2880 line of support.
On the whole, today's short-term operation strategy for gold is to mainly go long on pullbacks and short on rebounds. The short-term focus on the upper side is the 2910-2912 line of resistance, and the short-term focus on the lower side is the 2878-2880 line of support.
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