Gold’s rise is not over yet, a pullback is a buying opportunity

Gold continues to fall slightly today, and the magnitude of the fall is not very large. At present, the gold price has not fallen below the key support level of 2378. At the same time, the opening of the moving average golden cross continues to expand, and the moving average support rises to the 2380 line! Despite the downward correction during the day, the price of gold still remains above the support! The momentum of the bulls is strong enough. Given the current situation, going long is the only feasible idea!

Therefore, we can rely on the moving average to support 2380 and the top of 2378 to convert the support level. We have already planned to buy at the 2384 line in advance, and we are currently holding a small profit! Bulls will continue to target the 2400 mark!