Gold is in a deep V, it is time to start going long, and the pullback will give you the opportunity to go long. Go long near 1956 in early trading!
Gold's 1-hour moving average began to close, and the strength of gold's decline began to weaken. Moreover, the US gold market broke through the resistance of the 1-hour downward trend line, began to form a small double bottom structure, and also broke through the neckline level of 1953. Today, 1953 is for bargain hunting. There are more opportunities to go long now near 1956.
Operation idea
Go long gold at 1956, stop loss at 1948, target 1970-1975;
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Trade active
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