Crazylambboy

Gold breaks through previous highs, bulls will continue to rise

Long
Crazylambboy Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

The maple leaf ignited a fire in the forest, it was after experiencing the blow of the frost: the big tree stood proudly in the snowstorm, it was after taking deep roots in the soil: you——stand out and make a big splash, it is in After practicing calmly and steadily.


Gold chose to break through directly on Friday, and did not choose to fall back again in the 1844~1847 area. Now that the market has made a choice, it has opened up short-term upside space, and the next pressure is located at 1864~1873. For gold operation, it is recommended to buy at 1848, risk control at 1844, and target 1860~1864.


Gold is bullish for several reasons:
1. Gold breaking through the previous high means that the bullish trend is not over yet, and there is still room above the daily closing.
2. The pressure within the day is 1864~1873, and the support is 1849~1845.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
Comment:
The trend of gold is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
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