Today has been a perfect day as we successfully hit our target of 2720, securing impressive profits. Currently, gold is showing a U-shaped bottom trend, with key resistance at MA5 and MA60, leaving about $5 of room before reaching MA60.
I believe this space can be utilized. If it fails to break through, we will choose to close positions here; however, if it does break, I expect prices to rise towards the 2728-2734 range.
In case of a reverse drop, I suggest adding orders in the 2713-2707 range, with a take-profit target set at 2718.