Wealth-Helmsman

Wealth-Helmsman Updated 

Gold continued to rise today, with strong bullish power. After failing to turn short in the afternoon, it further broke through the high point, showing that the market is bullish. The 1-hour chart continues to set new highs, and there is still a possibility of a short-term surge, but it should be noted that overbought divergence signals have appeared at the...

Wealth-Helmsman

Gold is currently in a strong bullish trend, and both technical and fundamental factors support further gains. Gold rose as expected yesterday, closing strongly at around 3000 at the end of the day, showing strong bullish power. The monthly and weekly levels show an obvious bullish trend, and the large cycle supports gold to continue to rise. Both the short-term...

Wealth-Helmsman Updated 

After gold fluctuated around the 2980 mark last Friday, the bulls broke through. Although it fell under pressure after rising to 3000 points, it remained strong overall. Both the 4-hour chart and the daily chart show that the bulls are dominant. Short-term support: 2975-2980 area. Key support: 2956-2960 area (bull-bear watershed). Resistance: 3000-3005 area,...

Wealth-Helmsman Updated 

After gold adjusted horizontally last week, the trend broke through and rose based on news stimulation. The price continued to rise to the 3000 line. The pattern also changed from a wide range to a triangle convergence breakthrough. The current trend is short-term surge adjustment, the hourly line and 2990-2980 are repeatedly pulled, and the upper 3000 point...