Gold is still on an upward trend, and technical indicators are about to signal a buy. It’s likely to continue rising and hit new highs.



This week, gold opened with a slight dip to gather strength, then gradually climbed back. The previously mentioned buy zones at 4430-4440 and 4400-4410 were correct; the morning pullback was a good entry point, and the long positions are already profitable. The direction is now clear: buy on dips, don’t short against the trend.

Gold will continue to rise gradually, first aiming to break through 4590-4600, with a medium-term target of 4800-4810. Technically, the MACD is about to form a golden cross, indicating a period of oscillation and upward movement. Once the golden cross forms and breaks above zero, a rapid upward wave is likely. The short-term rebound trend is already set.

Today’s trading plan:
- Buy on dips at 4460-4480 in batches
- If it drops sharply to 4430-4440, add to long positions
- Set stop-loss at 4410
- First target at 4690-4710; if broken, hold for more

Reminder: The above is just personal analysis. Market changes quickly and does not constitute investment advice. For reference only. #创作者冲榜 #黄金 $XAUUSD $XAGUSD50 $XBRUSD #Gate金手指
XAUUSD2,07%
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