Gold finally reached the 2370 line

Updated
Gold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels.


snapshot

A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving average. Relying on the moving average, it reached a record high. Is 2400 still far away?
Note
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 day
Note
For gold trading, don’t aggressively pursue long orders. You can wait for a correction before doing long orders.
Note
Pay attention to the support level near 2360/65.
Note
If you are unsure about your entry point, you can click on the link below my article, where I will share trading ideas every day
Note
When gold is at a high level, you can go short slightly. If you are not sure about the entry point, you can follow the link below my article and I will share trading ideas every day.
Note
The current price of gold is close to the 2400 integer mark, and the vicinity of 2400-2403 is also super pressure on the daily trend line channel. Do not chase long at this position. From a technical perspective, gold has already been overbought and the divergence is quite serious. You can short gold at high levels.
Trade active
Trade active
Trade active
Note
Gold is currently blocked at the 2400 mark, so things may not be going well here. Even if it passes 2400, the top will continue to focus on the vicinity of 2407.
Trade active
Trade active
Note
Gold short orders made huge profits
Note
If you are unsure about your entry point, you can click on the link below my article, where I will share trading ideas every day
GoldgoldpricegoldtrendHarmonic PatternsTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusddailyxauusdideaxauusdsignalxauusdtrade

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