Aurum_Capital

Aurum_Capital Updated 

Today's trend of gold fluctuating and weakening is completely expected. The next layout will continue to take high-level short selling as the main idea. Two consecutive large negative lines in 4 hours directly broke through the support level, and the moving average was strongly twisted downward to form a dead cross. The K-line was also strongly pressed on the...

Aurum_Capital Updated 

After the opening of the US market today, it directly plunged, and continued to return to the support of the integer mark of 2500 below, and directly swallowed up all the gains in the previous period, and once again formed a situation of high rise and fall. From the 4-hour level, the current big Yinxian failed to break the 10-day moving average, the short-term...

Aurum_Capital Updated 

From a technical perspective, the Bollinger Bands as a whole are still upward, the MACD indicator golden cross continues to increase in volume, and the KDJ indicator also shows sufficient upward potential. Therefore, as a whole, the daily line is volatile, which does not mean that the weakness will continue, and the bullish outbreak may occur at any time. From...

Aurum_Capital Updated 

From a technical perspective, the gold market is currently in an uptrend, and bulls are waiting for the right time to push gold prices further up. On the daily chart, the relative strength index (RSI) remains above 50, indicating that although there may be a pullback in the short term, the overall trend remains bullish. Gold prices have broken out of the...

Aurum_Capital Updated 

At the weekly level, gold has once again set a new record high, reaching 2509.60. When the market is strong, there should be no "fear of heights" mentality, because there is no highest, only higher. Last Friday, the price of gold broke through the upward trend with a very strong trend. Although there was a single negative retracement in the evening, it finally...