Gold has hit new highs in a row this week, and we will continue

The oscillation continues upward! Under the tense situation, the only thing worth paying attention to is the safe-haven property of gold, which happens to be an important factor in the unilateral rise of gold prices this week. Today, gold's safe-haven properties still cannot fade in the short term, and these factors will be reflected in Monday's market. A high opening on Monday is a high probability event. In terms of operation, we maintain a low-long thinking and further target to go straight to the 2000-point mark!




The unilateral rise in the market has reached consecutive lows, and everyone can see the profit and loss of this week's strategy! In trading, when a wave of market passes, the winners will experience joy, profit and experience, while the losers will get losses and lessons. The same market, the same time, different results, a single thought can make a huge difference. different places! Since the gold price gapped higher, we have made a lot of money along the way. Of course, contrarian investors cannot be ignored, but as a professional analyst, I think the most important thing is to stick to your own ideas! The trend will continue to be bullish next week!



On the weekly chart, the rise continues, on the daily chart, the 1952 mid-term trend support level stabilizes, and the bull horns extend upward. From the hourly perspective, the price is currently rising steadily step by step. The first short-term support level is currently at 1977, and last night's closing price was right around this level. In terms of operation, if it does not fall below the key support level of 1952, the position will be opened next Monday. You can go long directly. If it opens higher, wait until it falls back to around 1977 before considering going long. The upper target continues to move towards the 2000-point integer mark!



Trading strategy: Gold will break through 1977 next Monday, stop loss 1969, target 2000



This is my personal prediction, if you have any better suggestions, please let me know

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