After a period of decline and adjustment, gold has resumed its upward trend in the intraday market, currently trading around 3,655. Yesterday, we publicly recommended buying at 3,615-18, and those who followed this advice have already reaped considerable profits. Congratulations to all who participated in this operation.
From a technical perspective, the gold price on the hourly chart remains above the 5-day moving average. After a rapid surge, it appears somewhat weak. 3,650 has temporarily become a support level. At present, there is no significant trading opportunity, and it is expected that the market will remain volatile. In terms of operations, those who bought at 3,615-18 yesterday may consider reducing their positions or taking profits. Let’s secure the gains for this week’s final trading day. If there are suitable trading opportunities within the day, we will notify you.
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