A couple of days ago, I planned to go long on gold from the 4300 area. That night it rose to 4375, then later fell back to the starting point. With the upcoming double holidays, the market won’t stop. The larger trend has not yet fully played out, so for the short term it is still best to buy on dips and sell on rallies!
In the future, keep an eye on the US dollar. Once it stalls and consolidates from its high, gold will still move higher, and then the trend will also become clearer!
Right now, focus mainly on going long for the short term. If you want to consider the other side, wait for a rebound after going the opposite way, then enter when the timing is right!
Go long at the 4280 area; the short-term target is 4360. A tight stop-loss range is sufficient!
In the future, keep an eye on the US dollar. Once it stalls and consolidates from its high, gold will still move higher, and then the trend will also become clearer!
Right now, focus mainly on going long for the short term. If you want to consider the other side, wait for a rebound after going the opposite way, then enter when the timing is right!
Go long at the 4280 area; the short-term target is 4360. A tight stop-loss range is sufficient!
