BrandonEvelina

BrandonEvelina

A fan-shaped downward trend appears in 4h, it is recommended to short

BrandonEvelina

Gold opened at 3250 as expected and began to rebound. Gold opened at 3288, and rebounded after hitting the lowest level at 3250. So far, it has hit the highest level at 3260. The support below gold is still relatively strong, but the pressure above is also relatively large, and the volatility of gold is very large. We continue to pay attention to the support at...

BrandonEvelina

From a technical perspective, the short-term bearish trend of gold is significant. On Wednesday, gold prices failed to hit the 3325 line several times, highlighting the strong resistance level in this area. In the four-hour analysis, the 3280-3270 range constitutes a key support. If it effectively falls below it, it may open up a deeper correction space; on the...

BrandonEvelina

Gold is not so strong at the 4-hour level. The market encountered resistance and fell back at the upper track. Now the market has fallen and touched the lower track. The Bollinger Bands are not open and are flat, indicating that the market is in a short-term volatile trend. The lower support of 3280 just coincides with the lower track. The upper side focuses on...

BrandonEvelina

On Tuesday, spot gold fell sharply during the day, falling more than 1%, and once fell below $3,290, but recovered some of its losses in the U.S. market, and finally closed down 1.26% at $3,299.91. U.S. Treasury yields fell back, with the benchmark 10-year Treasury yield closing at 4.449%; the two-year Treasury yield, which is more sensitive to monetary policy,...