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The current 15-minute gold chart shows a bullish moving average and a MACD golden cross, but it has already reached today's high of 5033.66. The short-term rally is overextended, so chasing higher is not advisable.
Trading Suggestions
- Entry Point: Buy on a pullback to the 5000-5005 range (MA5/MA13 support) with a small position;
- Take Profit: First target at 5030 (near the previous high), second target at 5050;
- Stop Loss: 4990 (MA55 support).
Risk Warning
With 500x leverage, price fluctuations are extremely sensitive. Keep position size below 10%, and close immediately if stop loss is hit. #Gate广场发帖领五万美金红包