Continued volatility? What to do?

Gold surged and then retreated on Tuesday, reaching a high near 3790 before retracing during the US trading session. While the gains were significant, even with the pullback, they haven't wiped out yesterday's gains. Therefore, the current trend isn't weakening, but rather remains strong. The slight pullback is merely accumulating upward momentum, not a top signal.

Gold rebounded after testing 3750 in early Asian trading. Short-term strength remains strong, and the pullback hasn't continued, leaving the overall trend strong. If prices stabilize above 3750 in the short term, there's a high probability of another surge. As long as they don't fall below 3730, long positions are still viable. Currently, there are no valid topping or bearish signals, nor are there any negative news.

Trading strategy:

Go long near 3750, add to your position at 3730, set a stop-loss at 3725, and target profit ranges between 3780-3790-3800.