Gold continues its upward trend, wait until it pulls back to buy
The gold bulls are gone forever and it will be difficult to turn back in the short term! The price of gold has once again set a new historical high. Judging from the current strength of the retracement, the price of gold has not yet reached the top. After a slight fall during the day, it will continue to rise. The operation layout is waiting for the price to fall back to around 2140 to buy. The current round of rise is bound to arrive. 2200 mark!
From a technical perspective, the lows of the shock are constantly moving up, and the lower moving averages are also diverging upwards, and the support has reached the 2136 line, which connects the recent lows to form an upward trend line support. The current effective support level of the trend line is exactly at 2140. On the front line, there is heavy resistance on the downside, but there is no pressure on the upside! Just buy boldly when it falls back!
From a technical perspective, the lows of the shock are constantly moving up, and the lower moving averages are also diverging upwards, and the support has reached the 2136 line, which connects the recent lows to form an upward trend line support. The current effective support level of the trend line is exactly at 2140. On the front line, there is heavy resistance on the downside, but there is no pressure on the upside! Just buy boldly when it falls back!
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