Gold hit a high of 3057 but was blocked and fell back. The daily line closed with a negative cross star, and a correction is needed in the short term. The daily resistance is near 3050, and it can be shorted if it does not break. At present, gold is still struggling in the range, but the hourly chart has an obvious head and shoulders top trend, with the head at...
Judging from the current market situation, the continued rise of gold fully demonstrates that short-term bulls are taking the initiative, which undoubtedly increases the probability of gold prices hitting the 3070-3080 area, but as mentioned above, we also need to be prepared for a false breakout or a real breakout in the market. From a technical perspective, the...
It is recommended that longs chase higher cautiously above 3050, and give priority to buying around 3010-3015 when the price falls back; short sell around 3047-3050, stop loss 3059, target 3015
The stock index is currently in a critical shock cycle, with the daily level 3000-3050 area forming a strong support zone, and the 4-hour chart 3020-3025 being the short-term long-short watershed. If the early trading retracement to 3025 does not effectively fall below, it can be regarded as a signal of longs accumulating power, and the intraday rebound target...
Gold continued to rise on Wednesday, reaching a high of around 3052. From the current trend, the trend is still bullish, and the upper pressure can be seen at 3055, 3060 and 3070
Gold is currently in a bullish structure, whether it is weekly, daily or 4-hour levels. The indicators show that the current price has shown signs of divergence after a continuous rise. Our previous analysis suggested that the price rose to 3040 and entered the bullish risk area. According to the weekly line of 2590 or the low of 2540, one rose by 500 US dollars...
The gold market fluctuated, rising from the low of 3027 to 3045 and then falling back quickly, rebounding from 3023 to 3041 again, with a weak overall trend, and falling to 3025 at its lowest. Currently, the gold price is hovering around 3032, and the upper range of 3037-3040 has become a key resistance level. If it can be effectively broken through, the gold...
Gold has been rising again and again. It broke through the high in the morning and continued to rise. The price is close to 3040. There is almost no callback in the whole rising process. There is a possibility of accelerating to the top. It is very close to 3050. Don't blindly chase the price when it reaches here.Therefore, it is not recommended to chase high gold...
