Gold price suddenly rises, how to get out of the trap at night

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🗞News side:

1. Humanitarian crisis in Gaza Strip, many civilians injured. I hope that world peace is all right
2. The call between the Russian and Ukrainian leaders is still ongoing

📈Technical aspects:

After gold fell back after touching 3250, it rose again and has broken through to around 3270. This rapid rise was unexpected. Although the 1H moving average turned upward, the gold price is currently consolidating at a high level. It is not suitable for us to enter the market at this time. We should remain on the sidelines and pay attention to the pressure at 3290 above. The short-term support below needs to pay attention to 3250-2540.

If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.

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