#paxg #XAU

Regarding some recent views on gold, the long positions have continued to be laid out since mid-last month, starting from just over 4000 and reaching over 4200. Currently, gold is likely to break the recent highs. At the end of last month, the cyclical view for gold was a fluctuation between 3900-4250. Currently, 4250 has effectively broken through, and there is a possibility of new highs. After breaking the new high, we will first look at 4400-4450. The long-term spot layout buying opportunity has not yet appeared; only contracts or futures trading is suitable for operation now. It is expected that a short-term rise will end by the end of the month $PAXG

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