CFDs on Gold (US$ / OZ)
Long
Updated

Gold resumes its rally

183
https://tradingview.sweetlogin.com/x/g23vaGcg/


From the 4-hour analysis, the upper side focuses on the short-term suppression of 3345-50. Today's lower support focuses on the vicinity of 3309-16. The short-term bullish strong dividing line is near 3295-3301. The overall bullish rhythm of high-altitude and low-multiple continues to remain unchanged. Before the daily level falls below the 3300 mark, any retracement is a long opportunity. Short orders against the trend should be cautious.

Gold operation strategy:

1. Go long on gold when it falls back to 3316-25, stop loss at 3307, target at 3340-45, and continue to hold if it breaks;

2. Go short on gold when it rebounds to 3345-50, stop loss at 3357, target at 3320-3326, and continue to hold if it breaks;
Trade active
Gold's rally is steady
Trade closed: target reached
We will soon reach our designated destination

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