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There is no technology to speak of for gold at present. Basically, it is a mindless long position. After breaking the new high again today, a strategy of chasing long positions was decisively given. At present, members who entered the market early have made a profit of 40 points. This market has to be said to be too crazy.
Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate.
At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. There are more than a dozen profits when you enter the long position, which is easy, basically without callbacks, and any callback is an opportunity. In terms of operation, you can continue to do more by relying on the short-term moving average MA5.
I am Yulia, and I hope you can gain something and gain insights from my article! A small boat is drifting in the sea. If you don't set sail, you will drift in the sea forever. Only the existing value can truly protect you.
There is no technology to speak of for gold at present. Basically, it is a mindless long position. After breaking the new high again today, a strategy of chasing long positions was decisively given. At present, members who entered the market early have made a profit of 40 points. This market has to be said to be too crazy.
Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate.
At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. There are more than a dozen profits when you enter the long position, which is easy, basically without callbacks, and any callback is an opportunity. In terms of operation, you can continue to do more by relying on the short-term moving average MA5.
I am Yulia, and I hope you can gain something and gain insights from my article! A small boat is drifting in the sea. If you don't set sail, you will drift in the sea forever. Only the existing value can truly protect you.
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Gold has pulled back, and it is another opportunity to enter the market
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Our goal is simple, to provide the most professional guidance for free to help everyone make a profit
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.