#XAUUSD #Gold After yesterday's breakthrough and shock, gold went up all the way, and gold bulls continued to be strong. Gold fell back in the early trading and continued to be long. There is still room for gold bulls to move up.
Gold's 1-hour moving average continued to diverge upward with a golden cross. Gold is still the home of bulls. The second highest point of gold, 2732, now forms a short-term support. Gold fell back to 2732 in the early trading and continued to buy on dips. Don't rush to buy in the early trading, and wait patiently for the opportunity to fall back. After all, gold is far away from the moving average support. Wait patiently for the callback in the short term to continue to buy.
It's light to follow the trend, and it's messy against the trend. After the breakthrough of gold, the gold bulls restarted. We all turned around in time. Gold bulls are still strong now, and the decline is an opportunity to buy.
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#XAUUSD #Gold