Gold rises strongly, continues to go long after falling back

The 4-hour moving average of gold began to turn around, and gold had a 4-hour double bottom structure, and gradually stabilized. Gold did not fall further, but gold only fell to the 2317 line and stabilized and rose again.

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The market is changing rapidly. Since gold has been strong in the short term and has hit new highs, we should adapt to market adjustments and go long after gold falls back.

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You can go long near 2320

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The fall of the gold K-line is part of the market gaining momentum. The lower the compression, the higher the K-line will naturally rebound.

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Long orders are making profits

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You can continue to be long after gold falls back

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Gold is also steadily gaining momentum, and the lows are also starting to rise. The overall market is relatively strong and volatile.

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Profits from gold long orders continue to expand

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Gold has become a downward trend in 30 minutes, and the rebound can no longer reach new highs. Gold has fallen back after rising many times, and there are many resistances.

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Short gold near 2319, stop loss 2327

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Gold short orders are making profit

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The trading opinions I publish are for reference only. The actual opening and closing points of positions require your own judgment

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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day