Gold strategy: open long positions during pullbacks.

Gold prices rose after the release of the PCE data, and market expectations of rate cuts continue to rise, providing momentum for gold's gains. As I mentioned earlier, in addition to growing expectations of rate cuts, tariffs and the geopolitical situation between Russia and Ukraine are all factors fueling gold's continued rise, which are the main reasons for gold's bull market.

Gold is currently in a clear bullish trend, with overall prices rising continuously and currently holding above 3,400 points. Every pullback is a process of building momentum, and it's a good strategy to take advantage of the trend by opening long positions. A few hours ago, I recommended opening a long position near 3,303. The price has now reached above 3,410, and if there is a pullback later in the evening, you can continue to open a long position for a bullish outlook. As long as the price is below 3,307, you can consider opening a long position. The target is the previous resistance level near 3,423; if it breaks through, hold on.