Traders-Nino

XAUUSD Strong reversal

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold reversed strongly at the opening today and reached the 1852 area. Combined with international military conflicts, risk aversion has increased, inflation has rebounded more than expected, and there are concerns about the economic outlook. In addition, the global demand for de-dollarization continues to rise. Increased gold reserves will support gold prices in the long term. , the medium-term bullish outlook remains unchanged.
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