Futures
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Gold
One platform for global traditional assets
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Hot
Trade European-style vanilla options
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Gold continues its oscillating upward trend, with prices gradually approaching the $4950 level, just one step away from the $5000 mark. The current bullish trend is clear, with good volume support, and short-term technical corrections do not alter the medium-term upward pattern.
In terms of trading strategy, it is recommended to gradually enter long positions around the 4880 zone, with targets at the key levels of 5000, 5100, and 5200; the core principle of operation is to follow the trend and hold positions accordingly, avoiding subjective guesses of the top, and controlling the rhythm based on the trend.