Gold is rising step by step, and the 3500 mark is in danger

📌 Driving events

Geopolitical conflicts are escalating (such as the deterioration of the situation in the Middle East)

US CPI data is lower than expected (85% year-on-year)

📊 Comments and analysis

Although gold has experienced a correction, the price of gold has quickly risen strongly, and the positive fundamentals have pushed the market to set new historical highs. As of the end of the Asian market, today's gold trend is almost a replica of yesterday (the gold price continued to rise from the Asian market to the US market on Monday).
What is a bull market? It is to break the cognition of most people, and the rise makes people doubt their lives. Not seeing it does not mean that it does not exist. Empiricists are destined to be eliminated. The underlying logic of the rise in gold during the financial crisis in 2008 and the rise in gold this year has long changed.
💰Strategy Package

Long position:

Actively participate at 3470 points, profit target is above 3500 points

⭐️ Note: Labaron hopes that traders can properly manage their funds

- Choose the number of lots that matches your funds

- Profit is 4-7% of the fund account

- Stop loss is 1-3% of the fund account