XAUUSD:16/4Strategy;Continue to be bullish

Gold is also moving in the same direction as we expected on Monday. Although it adjusted downward, it quickly returned to the box range after the virtual break. At present, it seems that the support is gradually rising and is in a stable upward trend.

According to Monday's strategy, there are still long orders around 2,365 on hand, and the Asian market hit a high of 2,392 points on Tuesday. I think the pullback from this position is acceptable, and it also gives friends who have not yet entered the market an opportunity to buy.

So there are two positions where you can go long today. The first is the support level 2370-2372 that may be formed in the early stage, and the second is near 2365. At the top, focus on the recovery of the target level 2395-2400, and then break through 2431.

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Target position reached

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