XAUUSD: Wait for the pullback to continue bullish
After the gold price retreated during the day, it began to fluctuate upward. For the European market, the pressure at the previous high point in 2007 was still relatively high. At present, it seems that there is not enough momentum to directly break through, so the opportunity will be given directly to the US market. , in terms of operation, wait for the pullback before placing long orders.
Generally speaking, bulls are still the mainstream at present. However, if you are long, you should wait until the price of gold falls slightly before considering taking over! At this stage, the price of gold has once again reached the high point above. The pressure on bulls has weakened. The continuous rise in the day will come to an end first. After the correction is in place, gold will continue to rise. By then, our long orders will continue to keep up, and everyone needs to grasp it by themselves. !
Generally speaking, bulls are still the mainstream at present. However, if you are long, you should wait until the price of gold falls slightly before considering taking over! At this stage, the price of gold has once again reached the high point above. The pressure on bulls has weakened. The continuous rise in the day will come to an end first. After the correction is in place, gold will continue to rise. By then, our long orders will continue to keep up, and everyone needs to grasp it by themselves. !
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