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Gold’s fall does not change the bullish trend

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Gold is still in the process of rising in shock, and the correction has not affected the upward trend of gold for the time being. The 1-hour moving average of gold is temporarily flat, but it is still arranged in the upward direction of the golden cross. If there is a downward turn, then we should pay attention to it. Before there is a turning point, gold will remain bullish for the time being.

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Gold 5-minute chart rises rapidly

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Continue to be bullish on gold

The current bullish trend in gold has not ended yet. We should go long with the trend. When the trend changes, we will make new plans. The current bullish trend in gold is just a correction. Don’t mistake the callback for a reversal.