CFDs on Gold (US$ / OZ)
Long
Updated

Gold is strong, wait for a pullback to go long

94
The 1-hour moving average of gold has formed a bullish arrangement with a golden cross upward, and gold is now supported near 3100. If gold can stand firm at 3100 after the data, then we can continue to go long on dips.


snapshot


Trading ideas: Buy gold near 3100, stop loss 2990, target 3130

Trade active
At present, gold is mainly short-selling on rallies, and gold is focusing on support near 3100.

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