In the current market trend, the support platform of gold continues to move upward. After continuous fluctuations, it finally broke through the fluctuation range. After breaking through 2640, it ushered in an increase. At present, both the daily and weekly lines show a bullish attack pattern. As the daily line stands on the middle track of the Bollinger Band and closes higher, it is expected to further approach the upper track of the daily Bollinger Band.
The short-term trend of 1 hour has continued to rise, and the market price has not stepped back much. Yesterday, the market price was strongly consolidated around 2631. After breaking through 2640, it stepped back to 2636 at the lowest level, ushering in a strong breakthrough in the US market.
For intraday operations, after gold strongly broke through the daily resistance, it maintained a firm bullish and long-term thinking today. It is bullish on gold above the top and bottom conversion support of 2640 during the day. You can try to buy above 2645, SL: 2636, target 2660-65 area, don’t buy near 2665, this is the previous decline position, after a strong break of 2665, you can wait for a decline to continue buying.