Aurum_Capital

Aurum_Capital

✅Yesterday, the gold daily line closed with a long negative line with a lower shadow longer than the upper shadow, forming a reversal pattern. The closing price of 2740 effectively fell below the previous day's positive line entity, indicating that the bearish force is dominant. After testing the double top pressure of 2772, the gold price continued to fall back,...

Aurum_Capital Updated 

✅Gold closed the positive line this week, continuing to show strong momentum for growth. Judging from the current trend, gold may continue its upward trend next week, but before the interest rate decision is announced, the market may continue to undergo a short period of shock repair and digestion. 📊Weekly level analysis: Support level: around 2730, which is an...

Aurum_Capital

✅After breaking through the previous high of 2763, the price of gold has continued to rise strongly and broke through the 2780 integer mark. At present, the upper resistance level of gold is mainly concentrated at the historical high of 2790, which is also the key to whether the price of gold can continue to rise in the short term. The following analysis should...

Aurum_Capital

✅From the 4-hour chart of gold, the market trend experienced a wave of retracement during the day, but failed to fall below the key support level of 2735 in the 1-hour chart, indicating that the current market is still in a strong bullish pattern. In the late trading, we need to focus on the pressure level of 2763-2765. If the price is under pressure and retreats...

Aurum_Capital

✅Yesterday, the overall fluctuation of gold was not large, mainly due to the strong resistance near 2763 above. In the morning, the gold price stabilized near 2741, and then hit the highest point of 2763 and fell back, and finally closed with a long upper shadow positive line on the daily line. ✅From a fundamental point of view, the recent rise of gold is mainly...

Aurum_Capital

✅At present, the 1-hour moving average of gold continues to diverge upward, showing that the bullish trend of gold is still strong and there is still room for bulls. The price of gold continues to hit new highs on the 1-hour chart, indicating that the market sentiment is obviously bullish. When it pulls back to the key support level, it is still a good...

Aurum_Capital Updated 

✅In the morning, the price of gold stabilized above 2700 and started a rebound trend. The current price has broken through 2720 and reached a high of 2733. From the weekly chart, gold is expected to further test the key pressure area above 2750. Therefore, it is not appropriate to blindly predict the top at present. Although the price of gold may test the...

Aurum_Capital Updated 

✅After the opening yesterday, gold retreated to confirm the first-line support of 2690, and then the gold price rose. The European session broke through the early high, laying the foundation for the rise of the US session. After breaking through the key pressure level of 2700, the European and American sessions retreated to confirm the support, and continued to...

Aurum_Capital

✅Today, the price of gold broke through 2700 strongly and maintained the intraday gains. From the daily chart, the technical side showed a bullish trend, and the price of gold is expected to rise further. The overall bullish pattern has not changed. As long as the daily line does not close below 2660, the overall thinking is still bullish. In terms of technical...

Aurum_Capital

✅Gold continued to rise after the CPI data during the US trading period, but gold did not break through strongly. After hitting the resistance level of 2696, it quickly fell back. Our short orders near 2695 have made a profit of more than $15. ✅The 1-hour chart shows that gold fell after hitting a high point. Now a double top structure has been formed in 1 hour....

Aurum_Capital

✅In the past two days, the price of gold has been in a range of fluctuations, and the market has shown disorderly fluctuations, accompanied by repeated washing. However, supported by the previous weekly big positive line, the overall trend this week is still bullish. However, due to the obvious pressure from above, it may be difficult to break through last month's...

Aurum_Capital Updated 

✅During today's US trading session, the price of gold fell rapidly and broke through the first support level of 2675. At present, the low of 2663 last Friday is expected to be tested again. From the current trend analysis, after this round of decline, the trend has obviously weakened, so it is difficult to optimistically expect the gold price to break through the...

Aurum_Capital

✅The US non-farm payrolls data released on Friday had a significant negative impact on gold, but the main market players used the data to deliberately raise the gold price and create the illusion of attracting more. Despite this, the gold price ultimately failed to break through the 2700 mark. This shows that gold is currently in a strong pressure area,...

Aurum_Capital Updated 

✅Friday's non-farm payrolls data was bearish for gold, but the trend was unexpected. Although there was a pullback, it eventually showed a bottoming-out and rebounding pattern. It rebounded after hitting a low of around 2664, and rose to a high of 2697, closing at around 2690. The daily line recorded four consecutive positives, and the weekly line also closed with...

Aurum_Capital Updated 

✅The trend of gold in recent days has been relatively consistent, showing a pattern of fluctuating upward in the Asian session, continuing the upward trend in the European and American sessions, and bottoming out and rebounding in the US session. Yesterday's trend was basically the same. Three consecutive positive lines were recorded at the daily level, and the...

Aurum_Capital

✅Gold has recently shown a trend of "small positive line oscillating and climbing", and it will continue to fluctuate in the short term, and the price space is limited. Although the daily K-line shows that the gold price has risen slightly, the continuity of the space has not yet been determined because the market is running in a narrow range of fluctuations. The...

Aurum_Capital

✅Today, the price of gold has fallen significantly after a round of strong rise. The current gold price is under pressure near 2664 and has fallen back at this position. Our short position near 2660 has successfully made a profit of about $18. This point is also the area where gold shorts have been effectively suppressed many times recently, and the gold price...

Aurum_Capital

✅The gold market experienced a large fluctuation yesterday, especially during the US trading session, affected by Trump's remarks, and the gold price fell by nearly $30. The short orders near 2645 that we arranged in advance successfully captured nearly $20 in profits. ✅From the overall trend, gold has not gone out of the obvious unilateral market, but maintained...