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Gold's pullback is just a consolidation phase! A pullback is a buying opportunity!

As clearly stated in the European session, pullbacks to 4770-90 presented excellent opportunities to buy. Gold saw multiple pullbacks and rebounds throughout the day, yielding good profits. In our actual trading, we achieved a remarkable three-game winning streak, precisely reaping the rewards.

Gold prices surged to 4857 in Asian markets before retreating somewhat, but the support level below remains solid. Technical corrections are inevitable during a continuous upward trend in gold, but these are limited to adjustments. The current strategy is to continue buying on dips, with short-term support around 4770 and strong support at 4680-4700.

Recently, it's advisable to maintain a long position and not worry about minor fluctuations. The bullish trend can be sustained until we see 4900-5000.

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