Based on the 4-hour analysis, support is focused on the 3800-95 level. The bulls are rising strongly and there’s no end in sight. Trading strategies should primarily focus on buying on pullbacks. In the intermediate range, be cautious and wait for key entry points. I’ll provide detailed trading strategies during the trading session, so please stay tuned.
Gold Trading Strategies:
1. Buy gold at the 3800-05 level, and add to your long position on pullbacks to the 3785-90 level. Set a stop loss at 3778 and target the 3845-3850 level.
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