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#美国核心物价涨幅不及市场预估 The bullish pattern for gold is taking shape
I've been closely watching this recent gold trend for a while. From a technical perspective, it's quite interesting. This wave correction has already completed the A-B-C corrective wave, and is now at the position of the upward trendline. A new five-wave upward structure has already begun.
Specifically, the breakout of wave (1) has been confirmed, and the subsequent pullback will be an entry opportunity. Once the pullback is confirmed at the support level, the main upward movement of wave (3) will be quite vigorous, representing the most explosive part of the entire trend. The target area above will be near the pressure zone around the trendline.
From a trading perspective, my plan is to wait for the pullback to complete, then gradually enter positions near the support level, with stop-loss set below the trendline. I’ve reviewed this bullish strategy in my mind, and now it’s up to the market to validate it. As a traditional safe-haven asset, gold is also worth paying attention to in the current macro environment.
It should be noted that the above is only a personal technical analysis and does not constitute any investment advice. The market always carries risks, and trading operations should be approached with caution.