Gold’s short-term correction does not change gold’s upward trend

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Gold continues to remain strong at high levels, and gold is still in a bullish trend. The short-term correction will not change the upward trend of gold. The fall of gold will give the opportunity to go long.


snapshot

The 1-hour moving average of gold is still a bullish arrangement with golden crosses diverging upwards. The strength of gold bulls is still there. Gold has found support near 3320 and is rising again. The current rhythm of gold is to fall back and continue to go long.

Trading idea: Go long near gold 3327, stop loss 3317, target 3350
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