Spot gold:


Gold retraces the 0.78 breakout level; the short-term gap is filled
Personal suggestion: place an order at 4042 (buy) going long, take-profit at 4035 to stop, and exit at 4070 $XAUUSD
XAUUSD-0.83%
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CopyCat
· 1h ago
I followed through with a second position and hoped not to be swept and liquidated for a stop-loss.
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DeFiSeeder
· 1h ago
In fact, gold has been fluctuating a lot recently. Entering at 4042 is definitely a good move, but I think putting the stop-loss at 4030 is safer. The target at 4070 is reasonable, but be careful—data could cause trouble overnight.
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LeekSavior
· 1h ago
Is the 0.78 line Fibonacci? This support looks solid, but if the gap is filled, will it test lower again?
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