There is no analysis to be made on gold at present, basically all longs are made, this bull market has to be said to be too crazy.
Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate.
At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. If you go in with a long order, you will definitely make a profit, and it is very easy, with basically no callback.
And any callback is an opportunity. In terms of operation, you can continue to go long relying on the short-term moving average MA5.
Just like the analysis in Quaid's previous article, you can boldly believe that it can reach the new height you think. Believe in Quaid, believe in yourself, brother, you can do it.
I am Quaid. After seeing my analysis strategy, no matter your past gains and losses, I hope that you can achieve an investment breakthrough with my help and turn every tide in the gold market into our wealth wave.
Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate.
At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. If you go in with a long order, you will definitely make a profit, and it is very easy, with basically no callback.
And any callback is an opportunity. In terms of operation, you can continue to go long relying on the short-term moving average MA5.
Just like the analysis in Quaid's previous article, you can boldly believe that it can reach the new height you think. Believe in Quaid, believe in yourself, brother, you can do it.
I am Quaid. After seeing my analysis strategy, no matter your past gains and losses, I hope that you can achieve an investment breakthrough with my help and turn every tide in the gold market into our wealth wave.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.