CFDs on Gold (US$ / OZ)
Long
Updated

Up, up, up. Can't stop at all

The situation in the Middle East is still tense, and there is still no sign of easing. Before the Fed's signal of rate cuts, gold has broken through a new high again.

I don't recommend chasing shorts. People are afraid that they will enter at the top and then be trapped. So people are afraid, and we should be more greedy.

As long as gold does not fall below 2490, any downward trend is an opportunity for us to go long.
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