Gold currently has 7 consecutive daily positives. Since it stabilized in 1985, it has been soaring to new all-time highs. Recently, the market trend has always declined slightly and then stabilized and increased. If you are bullish and dare not enter the long market, you will not be given a good entry opportunity.
After gold refreshed 2164 yesterday, the lowest in the US session fell to around 2149, and then rose again. 2163 fell back 10 US dollars in early trading and reached 2153 to stabilize. So today gold will rely on the support of 2153 in early trading to go long.
The current price of gold is near 2160. Stop loss 2153 and target 2177---2185.
The graph is a gold daily chart, red is an upward trend market, and yellow is a fallback adjustment market. So now the long position is to do the red continuation market, and the idea of short selling is to do the yellow fallback adjustment, but there is no clear signal for short selling at present. The current daily line is in a continuous rising pattern. Although the K line after 2127 in the past three trading days has an upper shadow line, it is not enough to indicate that gold has peaked.