Yesterday afternoon, gold briefly pulled back after breaking through the 4900 mark. We locked in the key support range of 4820-4830 and decisively positioned ourselves for long positions, targeting 4960.
The market lived up to expectations, with prices rallying again after pulling back to support, reaching a high of 4971.43 USD. The target of 4960 was successfully achieved, adding nearly 140 points in profit. This operation is a firm continuation of the intraday bullish trend and another perfect validation of the effectiveness of the support level.
From the deep V bottoming at 4655 in the morning to the relay positioning at 4820 in the evening, we maximized the profits of the bullish trend with consecutive precise judgments.
Currently, gold has stabilized above the 4900 mark, with the technical MACD red bars continuing to expand, and bullish momentum remains strong. Coupled with the dual benefits of tense geopolitical situations and a weakening dollar, breaking through the 5000 mark is just a matter of time.
If the market pulls back to the 4920-4930 area on Monday's opening, we can continue to position ourselves for long trades, setting a stop-loss below 4900, with the target directly looking at the breakthrough of the 5000 mark!
The essence of trading is finding precise anchor points amid uncertainty. The continuous precise positioning over the past two days is not a coincidence; rather, it reflects our deep understanding of the market rhythm.
Keep up with the trend, let your trading no longer be confused, and make profits a norm! #黄金 $XAU
