After gold broke through the 2830-35 line, it started a bullish trend. I have always been bullish on gold. Friends who follow my articles can see that gold directly broke through the historical high last night and set a new historical high. Gold fell back and continued to rise. Gold is only one step away from 3000. The hourly moving average of gold continued to...
Gold prices rose, hitting another record high as heightened tariff uncertainty and bets on the Federal Reserve's loosening of monetary policy kept the metal attractive. Spot gold rose 1.46% to $2,972.80 an ounce at press time, reaching an intraday high of $2,978.33, surpassing the previous record high of $2,956.15 set in February. Gold prices could soar to an...
Before gold broke through the suppression of 2930 yesterday, gold fluctuated, but we have always emphasized that the fluctuation should follow the previous trend. It is also difficult to fall, and every fall is an opportunity to go long! Will there be a new rise today? The low point of 2880 on Monday this week has temporarily become a long defense position, no...
Gold trend analysis: Gold price broke through the suppression level of 2930 last night, and there was a correction in the early morning. The correction was also above 2930 and then rose. As of the time of writing, the gold price was trading around 2941. Although the previous shock range broke upward, today we need to pay attention to whether the gold price can...
The first definition of trend is continuity. So if the market turns bearish, then it will continue to fall today. It is best to break below 2880 to be a bearish trend. If it rebounds during the day, it is still a shock. As long as the low point of 2880 is not broken, gold has just changed to a shock range. There is little point in being bearish, because the...
Gold, yesterday the bears finally broke the recent range of shocks, and stopped after touching the lowest level of 80, and rebounded again after opening in the morning, touching the 00 position, and this position is also the effective point of the previous top and bottom conversion, which was also mentioned in the previous period. Once this position is broken, we...
Technical analysis of gold: The daily positive line of gold recovered and recovered the losses of the previous day's negative line, returning to the previous range of fluctuations, and the lowest point was 2880 without breaking. The European and American markets recovered the losses. The weak downward trend of the US dollar still limits the short-term adjustment...
Gold fell the day before and seemed to have fallen below the bottom of the range at 2890, but it quickly recovered the losses yesterday and rebounded quickly, with European and American markets continuing to strengthen. This means that the market is still hidden with bulls, don't be covered by appearances. The bottom faces dense support at 2880-2870-2860. If it...