Gold continued to rise from 2858 to 3086. After the surge, gold is now close to the 3100 mark. The overall bull market is still there and the general trend is still bullish. From the daily level analysis, the opening stopped falling and stabilized near 3054, and then started the upward trend, climbing to around 3087. Despite the volatile trend, the overall bullish trend remains strong. Based on this closing pattern, according to the normal trend, there is a high probability that it will hit higher points. For the upper pressure of gold, pay attention to the breakthrough of 3085-90 US dollars. This is the upper rail position of the weekly Bollinger Band. For an upward breakthrough, you can pay attention to the integer position of 3100 US dollars, which is also the upper rail position of the daily Bollinger Band. The 5-day moving average and MACD indicators get support and run upward when the golden cross turns down and approaches the dead cross. The KDJ and RSI indicators form a golden cross, indicating that after a short-term adjustment, the bulls have regained the advantage. Investment strategy: more gold at 3070, stop loss at 3060, target 3100
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Gold continues to hit new highs! for PYTH:XAUUSD by GladysEmily
Gold continued to rise from 2858 to 3086. After the surge, gold is now close to the 3100 mark. The overall bull market is still there and the general trend is still bullish. From the daily level analysis, the opening stopped falling and stabilized near 3054, and then started the upward trend, climbing to around…
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