The opportunity to go long gold has arrived again
Gold is still bullish overall. Although the K-line on Friday once reached around 2363, the big positive line then took a step to near 2400. This is obviously a bullish pattern, and the K-line has been fluctuating upwards recently, and 2370 has become more solid. The bottom is more stable
The gold daily level is also a strong bull. No matter how the K line falls, the K line can close the Yang line. This is the behavior of the market. At the same time, the K line is always above the moving average, and the support level continues to rise.
Trading strategy: Go long near gold 2368, stop loss 2358, take profit 2380
Nota
The overall thinking for gold this week is still bullishNota
It is normal for gold to fall back, at least it is still above the support, so you can directly place long orders with light positions.Nota
Nota
Gold long orders are making profitsNota
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