2026-03-06 12:08:31

Gold, Evening Outlook

Today, the long positions prompted at midday, exited with profits in the afternoon, and now are on hold. Currently, the gold price is hovering around 5060, with the hourly lower band support still at 5050.

Enter long positions above the 5050 support, the strategy remains unchanged. Tonight's non-farm payroll data, expecting an initial rise followed by a decline.

Go long directly at 5067, with a target of 5130. Short again near the target area.

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LetUsAllEncourageEachOther.

· 18h ago

The current 1-hour candlestick chart clearly shows a downward continuation triangle. The second buy point has already formed, so it should be a short position. The minimum take-profit level is 5131.

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