Gold finally reached the 2370 line

Gold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels.

A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving average. Relying on the moving average, it reached a record high. Is 2400 still far away?

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For gold trading, don’t aggressively pursue long orders. You can wait for a correction before doing long orders.

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Pay attention to the support level near 2360/65.

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When gold is at a high level, you can go short slightly. If you are not sure about the entry point, you can follow the link below my article and I will share trading ideas every day.

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The current price of gold is close to the 2400 integer mark, and the vicinity of 2400-2403 is also super pressure on the daily trend line channel. Do not chase long at this position. From a technical perspective, gold has already been overbought and the divergence is quite serious. You can short gold at high levels.

Trade active

Trade active

Trade active

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Gold is currently blocked at the 2400 mark, so things may not be going well here. Even if it passes 2400, the top will continue to focus on the vicinity of 2407.

Trade active

Trade active

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Gold short orders made huge profits

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If you are unsure about your entry point, you can click on the link below my article, where I will share trading ideas every day