RoryKelvin

RoryKelvin

At present, the US fiscal policy game is fierce. The Trump administration is pushing forward a comprehensive tax cut bill with a scale of trillions of dollars, but there are serious divisions within the Republican Party. Against this background, the spot gold price has broken through the key psychological barrier of $3,300, and the technical side shows a bullish...

RoryKelvin

The hourly moving average of gold crosses upward, and eventually diverges upward. The volume of gold bulls is opening up. The resistance of gold at 3253-60 has now turned into support. Gold continues to buy on dips when it falls back in the US market. Since gold has broken through, the decline is an opportunity to buy. We never do long or short positions. The...

RoryKelvin

Today's opening fell directly, and tested 3206 yesterday's low again. The more it tests, the greater the probability of breaking. Focus on the pressure of 3222-3232 during the day, the watershed is 3240, the target is 3190-3170, and the support is 3154-3120! Before the real big drop, it may be accompanied by the rise of the five-minute K line, up and down washing,...

RoryKelvin

In today's Asian session, gold rose slightly after opening and then turned down, falling to a low of $3204/ounce before rebounding, and consolidating in a narrow range of 3210-3220. After entering the European session, gold strengthened, reaching a high of around $3239. Technically, the 2-hour MACD indicator formed a golden cross, and the gold price has stabilized...