Gold is still bullish overall. Although the K-line on Friday once reached around 2363, the big positive line then took a step to near 2400. This is obviously a bullish pattern, and the K-line has been fluctuating upwards recently, and 2370 has become more solid. The bottom is more stable
The gold daily level is also a strong bull. No matter how the K line falls, the K line can close the Yang line. This is the behavior of the market. At the same time, the K line is always above the moving average, and the support level continues to rise.
Trading strategy: Go long near gold 2368, stop loss 2358, take profit 2380
Comment:
The overall thinking for gold this week is still bullish
Comment:
It is normal for gold to fall back, at least it is still above the support, so you can directly place long orders with light positions.
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Comment:
Gold long orders are making profits
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