XAUUSD: Buying opportunity appears, enter the market decisively

2 days ago

After two consecutive trading days of rebound, the current price of gold has returned to above the upward trend line again, which can be regarded as filling the previous gap and entering a bullish trend.

As can be seen from the 1H chart, the gold price just stepped back on the trend line during the correction process, and now shows signs of a second rise.

I personally think that this position can be considered for buying. Even if it continues to pull back, you can consider adding positions at a lower position in the bullish trend.