Technical analysis of gold: From the current market, the bearish trend of the daily chart has not changed. Now it is a four-hour rebound. After the four-hour recovery of the lower line, the price has been moving up along the guide line. Now the price has entered the closing stage. The daily line closed with a big positive line, and the weekly line closed in a spindle shape with a lower shadow longer than the upper shadow. After closing in this shape, according to my logic, the short-term rebound is limited. In the short term, pay attention to the suppression of the 2405 position, because technically, the weekly line is still bearish. From the daily line shape, the daily trend channel, the decline will continue. This callback initiated from above 2483 has not seen consecutive positives in the past ten trading days. In the case of a positive turn last Friday, although there was a high performance in the morning of this trading day, the possibility of a decline and negative closing cannot be ruled out.
This week, we first focus on the moving average resistance of 2391, and then focus on the resistance of the 2400 mark. This week, we will continue to bear pressure under the resistance first and watch for a fall. On the whole, today's short-term operation of gold suggests that the rebound is mainly short, and the callback is supplemented by long. The top short-term focus is on the 2405-2410 first-line resistance, and the bottom short-term focus is on the 2380-2375 first-line support.