Can gold continue to be long?
Updated
Gold once dipped deeply on Friday, but overall it still held the 2310 line. The bulls held the 2310 line. The overall thinking was bullish.
The gold four-hour line is still bullish overall, showing an arc bottom shape. At least the K-line is still above the moving average. Even if the K-line is tested downward, it maintains a strong upward rhythm, and the K-line itself is also a support point near 2330.
Trading strategy: Gold 2326 long, stop loss 2316, target 2340
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
The gold four-hour line is still bullish overall, showing an arc bottom shape. At least the K-line is still above the moving average. Even if the K-line is tested downward, it maintains a strong upward rhythm, and the K-line itself is also a support point near 2330.
Trading strategy: Gold 2326 long, stop loss 2316, target 2340
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Can I place long orders here?Note
You can continue to place long orders near gold 2324Trade active
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Because the market has always stabilized above 2310, the fall of the K-line is part of the market gaining momentum. The lower the compression, the higher the K-line will naturally rebound, and the K-line will continue to maintain a stable moving average.Note
Gold is on a short-term riseTrade active
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Gold long orders are making profitsNote
Congratulations to those who have followed gold long orders, you are making huge profitsNote
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Friends with little trading experience can choose to take profitNote
Gold reaches above 2340Note
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Note
Gold fell back to 2324 and then rose again. The K-line continued to exert force from below the moving average. It is currently rising strongly and continues to look above 2345.
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