Looking at the daily chart, after gold bottomed out at 2163, the price continued to rise. It broke through and rose sharply on Friday, with an increase of 50 US dollars on the day. The daily chart also closed with a real giant sun. This form also laid the foundation for the bull market in the first half of the year. , the market outlook continues to be optimistic about the performance of bulls. On 4 hours, after gold broke through the pressure of 2200, it closed 5 real big positive lines in a row, and drove the upper track to open upward. Each moving average system diverges upward, and bulls are extremely strong.
How will gold trend next week?
From a technical point of view, the bottom of the gold price continues to rise, the moving average is running in the same bullish arrangement, and the first support level of the moving average is at the 2202 line and the 2200 line platform support is close, the support is obvious
In the future market layout, the gold price once again fell back to the multi-position layout of multiple positions, and as long as it does not fall below the 2200 line, the fallback is an opportunity to go long. I will prompt you with specific operating strategies during the trading session next week, so pay attention in time.
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