autumnbeauty

Gold’s correction is still an opportunity to go long

Long
autumnbeauty Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar


Gold's retracement did not fall below the key support of 2070, but the bulls remain unchanged. The pullback is still an opportunity to cover long positions! The current price of 2075 is directly higher, and the US market continues to be bullish!



From the trend point of view, gold is still on an upward trend. The current pullback is exactly the support position of the 1-hour Bollinger Band, which is also the support position to start rising again. The US market will at least once again attack the 2100 mark!



In the trending market, every correction is an opportunity to go long. Don’t miss the opportunity before it comes back. The current price is 2075, which is directly long! The U.S. market will surely pull up again in a straight line!



specific strategies


Gold is over 2075, stop loss is 2068, target is 2090.


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