After the intraday shock and correction, the short-term position is currently intertwined with the moving average near 2375. The short-term trend begins to show a bottoming trend and begins to exert upward force.
Trading strategy; go long in the 2370-2373 area, target 2390.
Trading strategy; go long in the 2370-2373 area, target 2390.
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As predicted, it is approaching 2390.
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Perfect prediction, it is already 2392 at this time, and the next target is 2400.
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A short-term correction is a buying opportunity. If you want to make money, you must seize the opportunity. The next resistance is 2400.
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Powell spoke an hour later, which could give markets a new direction.
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The Fed's hawkish speech hindered the price of gold, causing a short-term decline.
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The Fed's hawkish comments have held back gold, but if Israel strikes back against Iran, you could see gold rise again.
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The market's upward trend is still relatively strong, and if Israel counterattacks, this will be confirmed.
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A short-term pullback is a buying opportunity, enter with long orders.
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Don’t hesitate to enter the market with short-term long orders.
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The 2380 area continues to be empty, waiting for a callback.
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Gold is falling in the short term.
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This is consistent with my prediction, with a short-term decline and then continuing to rise.
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Shorting the 2083 area directly, I trust my signals because I rarely make mistakes.
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The 2380 area continues to go long, and the upward trend of gold remains strong.
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Hope it helps you.
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The data released by the United States today will have a greater impact on gold. Join my channel and I will share trading signals.
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Judging from the current market trend, gold is suppressed by the 2330-35 line at the top and is supported by the 2312-13 line below. It is in a range. In the evening, it is still mainly short selling under pressure above the rebound. The rebound is short at the 2328-2335 line, with the target of 2300-2312.
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The first resistance is the 2350 area. If it stands above this area, it will open up further upside space and the next target is the 2390 area.
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2330 turns into a support level. If it remains above 2330, it will continue to be bullish. If it falls below 2330, it will rebound and be bearish.
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If it continues to remain above the 2330 area, it means that its trend is still on the upward side.
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