After two consecutive trading days of rebound, the current price of gold has returned to above the upward trend line again, which can be regarded as filling the previous gap and entering a bullish trend.
As can be seen from the 1H chart, the gold price just stepped back on the trend line during the correction process, and now shows signs of a second rise.
I personally think that this position can be considered for buying. Even if it continues to pull back, you can consider adding positions at a lower position in the bullish trend.
As can be seen from the 1H chart, the gold price just stepped back on the trend line during the correction process, and now shows signs of a second rise.
I personally think that this position can be considered for buying. Even if it continues to pull back, you can consider adding positions at a lower position in the bullish trend.
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📣More detailed real-time trading strategies will be released in the channel, welcome to join and get them
🟢Join the free Telegram group:
t.me/Reliable_Trading0
🟡Contact me to copy trading:
t.me/Reliable_Trading1
🟢Join the free Telegram group:
t.me/Reliable_Trading0
🟡Contact me to copy trading:
t.me/Reliable_Trading1
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.