Gold still maintains a trend bullish structure, and hit a new record high of 2748 in the late trading. Now the trend is very clear, the direction is very certain, and trade with the trend. A new high every day, a 45° rise, will not touch the 4-hour moving average at all, this is the strong bull feature. In the Asian session, first look at the pullback strength of the range shock. Trade the pullback and wait for the trend to go long at a low price!
Gold continues to hit new highs, and the bullish trend continues to be strong. There is no highest, only higher, and continue to carry out the gold bulls to the end. The gold 1-hour moving average continues to cross the bulls and diverge upward. There is still room for gold bulls. Gold is now rising steadily, and there is basically no big pullback, which means that gold continues to be strong. The gold moving average support has moved up to around 2730. Continue to go long when it falls back to the 2730 support in the Asian session.
Trading strategy:
You can go long near 2730~2735. Pay attention to whether the rise of 2760 is blocked, and be cautious about shorting
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