3.27 Investment Guest Midnight Gold Review: Evening Gold Soars Past Resistance! 170 Point Surge Completely Blows Up the Market!
The evening gold directly shows a violent upward trend! In our previous evening review, we reminded everyone to go long, and now the market has not only realized this but has greatly exceeded expectations, achieving a profit exceeding $150! A perfect V-shaped reversal trend has emerged, with bullish momentum fully charged!
U.S. stocks continue to decline and collapse, and market panic spreads, directly igniting safe-haven buying in gold; although the expectation of high interest rates from the Federal Reserve still exists, before the announcement of this week's non-farm payroll and inflation data, funds dare not easily take short positions, and the safe-haven sentiment becomes the strongest support for bulls, completely tipping the balance in favor of the bulls.
On the 1-hour level, BOLL opens significantly upwards, gold prices strongly break through the upper resistance, moving averages show a standard bullish arrangement, MACD golden cross continues to release bullish energy, and the rebound momentum shows no sign of weakening, overall still maintaining an extremely strong bullish trend, with short-term pullbacks merely being a power-up action before the rise.
Position long in the 4490-4500 range, target 4550, 4580.
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