Gold is on a winning streak, can it continue to rise?


The 1-hour moving average of gold continues to diverge upward, and the power of gold bulls is still there. Gold continues to go long when it falls back. The previous high of gold is 2510, which has now turned into support.

As long as gold does not fall below 2510, you can still go long on dips and wait for gold to return to around 2515.


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