Gold surged in the afternoon yesterday then weakened, dropping to around the 4695 low for support. Subsequently, the bulls initiated a rebound correction, and it is now trading around 4720. In the short term, the downward momentum is gradually exhausted, with clear support below. The bulls are beginning to counterattack, the rebound trend is established, and a pullback is an excellent opportunity to go long.



Trading Suggestions

Buy directly on the pullback to the 4670-4700 range, with the first target at 4745. If broken, then look at the 4775-4805 range. $XAUT #美伊二轮谈判进展
XAUT-1.32%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin