UptonCharlotte

UptonCharlotte Updated 

The risk aversion in the early trading pushed up the gold price, but the bulls failed to continue and the gold price fell back after rising. From a technical perspective, the 4-hour gold price is above the moving average and the bullish trend remains unchanged. Structurally, the rise of gold prices is symmetrical in time and space, and the early decline is in line...

UptonCharlotte Updated 

At the 4-hour level, a small double bottom support is formed near 3000. Today, the market has continued to rise, and the K-line has re-stood above the short-term moving average. The short-term trend is strong. The middle track resistance has been broken. If it is stabilized again, the upper side will further see the pressure of the upper track. The lower 3013 will...

UptonCharlotte Updated 

Gold continued to fluctuate in a large range in the 1-hour period. Before there is a trend breakthrough, gold continued to fluctuate. Gold was under pressure at high levels and was mainly short at high levels. After all, the overall strength of the bullish rebound was still weak. The high point of the gold bullish rebound has begun to decline, and the low point of...

UptonCharlotte

On the one hand, the adjustment of the bulls is not enough, and the indicators show that there is still further downward exploration. On the other hand, although the current shock has rebounded, the strength is not strong and the continuity is poor. It is a shock upward trend and may fall at any time. Be cautious when bullish. It should be noted that since the...

UptonCharlotte Updated 

From the 4-hour analysis, the support below is around 3000-3005, with a focus on the important support of 2985-90. If it falls back to this position, it will continue to be bullish. The upper target is still to break the high. Before the daily level falls below the support below, the main bullish rhythm will remain unchanged. Gold operation strategy: 1. Gold...

UptonCharlotte

Gold 4-hour chart relies on the middle track of the Bollinger Bands to rebound. The middle track is the short-term strength and weakness distinction point. In the adjustment trend, the weakness is below the middle track. It is also a distinction point, combined with the hourly chart above. In the step-down shock, although the rebound yesterday was slightly higher...

UptonCharlotte

From the current 4-hour analysis, today's upper short-term resistance is still focused on around 3030-35, and the lower short-term support is focused on around 3000-3005. Relying on this range as a whole, the main tone of high-altitude and low-multiple cycles remains unchanged. In the middle position, watch more and do less, be cautious in chasing orders, and wait...

UptonCharlotte

Gold is in an overall upward trend. The price of gold has climbed from around 3030 to a new high of 3056. Although it has a slight correction, it still remains near the key position of 3050. This shows that the gold market still has strong upward momentum in the current economic environment. If the gold price does not fall rapidly during the European session, it...

UptonCharlotte

For today's gold, focus on 3050 and the upper short position, the watershed 3060, and the lower support is 3037-3030. If the European session falls sharply below 3025, then the rebound in the evening will see a second decline, and the lower support will be further seen at 3005-3000. Due to the high price base of gold, the daily fluctuation is relatively large, and...

UptonCharlotte Updated 

Gold broke through 2956 yesterday in the US market, reaching 2990, approaching the 3000 mark, with only 10 US dollars left. Today is Friday, the weekly line closes. How much room does gold have to rise? This wave of rise from 2932 to 3000 is a rise of 168 US dollars. Compared with the previous increase of two or three hundred US dollars, there is still a large...

UptonCharlotte

Looking at the 1-hour gold level, the gold price is running sideways above 2978. It is currently in a strong bull correction. The moving average indicator is golden cross, the Bollinger Bands are opening upward, and the short-term bulls are strong. Today's low is around 2982, so gold still forms a strong support at this line. Gold can continue to go long on dips...

UptonCharlotte

Gold's 1-hour moving average continues to cross upward and diverge. There is no sign of turning around at present, indicating that the strength of gold bulls is still there. The gold moving average support has moved up to around 2978. Gold fell back to 2982 in the early trading and continued to rise. So gold bulls continue to buy on dips at 2982 in the afternoon....

UptonCharlotte

From the 4-hour analysis, today's lower support is around 2975-80, with a focus on the 2956-60 line of support, which is the long-short watershed. Intraday pullbacks will continue to rely on the 2975-80 line to remain bullish, and the upper target is still to focus on breaking highs. Before the daily level falls below the lower support, the main bullish rhythm...

UptonCharlotte

The gold market opened at 2988 on Friday, briefly surged to 2994 at noon, and then fell back to 2981. During the European trading session, the price of gold once again set a new record high, hitting a high of $3004 and then quickly fell back. It is currently fluctuating around 2998, waiting for guidance from the US market. The current upper resistance of gold is...

UptonCharlotte

For today's short-term operation strategy for gold, it is recommended to do more on pullbacks and short on rebounds. The short-term focus on the upper side is the 2980-2985 line of resistance, and the short-term focus on the lower side is the 2954-2956 line of support. Short position strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds...

UptonCharlotte

Technical analysis of gold: Gold saw another wash yesterday, with a pullback to 2906 in the evening and then to 2940 in the second half of the night, with the daily line closing positive. The normal trend is still bullish today. On the daily level, gold fell on Monday and broke the shock range at the end of last week, showing a more obvious downward trend....

UptonCharlotte

Gold, this round of price stagflation sell-off from 2956 high to 2833, non-farm payrolls at the end of last week put pressure on 2930, fell to 2880 on Monday and then rebounded, affected by market news, the continuity is not strong, the article emphasizes that the market will break through the parallel high of 2930; after consolidation on Wednesday, it rose to...

UptonCharlotte Updated 

Technical analysis of gold: Gold saw another wash yesterday, with a pullback to 2906 in the evening and then to 2940 in the second half of the night, with the daily line closing positive. The normal trend is still bullish today. On the daily level, gold fell on Monday and broke the shock range at the end of last week, showing a more obvious downward trend....