After spot gold broke through $2,650, it has been hovering above it without even a decent pullback. According to my twelve years of trading experience, this is a strong performance of buying, and there are a large number of buyers waiting for a pullback to enter the market. This kind of market often only needs a little catalyst to rise sharply again!

The current futures price is 2,690, and the actual upper pressure line is 2,700, which is the psychological price of the next wave of spot breakthroughs

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