Gold's 4-hour moving average is still in a dead cross short position. Gold's 4-hour high has multiple top structures. Gold has rebounded from high levels and is under pressure from historical highs. Resistance still continues to be short. Gold rebounded in early trading around 2525 and can continue to short.
Gold's 1-hour moving average is still in a bearish formation with a downward cross, and there is no sign of a turning point. The gold moving average resistance is near 2500, and short-term gold continues to be under pressure of 2500, with no breakthrough, indicating that the resistance is still effective and gold can continue to be short.
The 1-hour moving average of gold is still in a bearish downward death cross arrangement. The moving average resistance is now around 2496. Gold is an opportunity to short at every high below 2496.
I have emphasized in the past two days that gold has begun to turn around in the 4-hour chart, and gold bears have begun to slowly exert their strength. Gold is now building a top structure at a 4-hour high. Gold rebounds are an opportunity for shorts. The resistance of the 4-hour moving average of gold has moved down to around 2507. If gold rebounds, you can...
Gold 4 hours now has a high multiple top structure, and the gold 4-hour moving average has also begun to turn. If it turns downward to form a dead cross, then the downward space for gold will open up, and the magnitude of gold's decline will increase. The moving average resistance has now moved down to around 2510
Gold 4 hours is a multiple top structure. You can continue to short gold when it rebounds. As long as gold does not break the historical high, the bullish trend of gold will not continue. If it fluctuates repeatedly at high levels, you can go short repeatedly. If gold breaks the historical high, you can follow the trend and go long. Gold rebounded to around...
Gold's 4-hour triple top. Since gold has not broken through a new high, it is still in the top structure. If gold breaks through a new historical high, then the long continuation will be considered. If there is no breakthrough, gold is a triple top, and gold can still be shorted on rallies.
If the golden 4-hour chart still hasn’t moved up, then it’s still a double top pattern. Gold should be careful of a sharp fall at any time. Gold's long space is limited. Gold's rebound highs are successively lower. Gold rebounds to around 2523 and then falls back. Gold continues to short on rallies below 2523 today.Gold rebounds to around 2518 and can be shorted
Gold has risen in 4 hours. However, gold has been rising slowly recently, and then it may fall sharply. If gold does not break through the previous high, it is better not to chase the bulls easily. If the double top suppresses it, then gold may have a sharp drop.
The 1 hour moving average of gold is still in a short position. If it turns downward again, then the downward space for gold will continue to open. Today is a critical day. If the turning point turns upward, then we will go long. Gold is not strong at the moment and has not been able to break through Friday's high of 2518. Gold will continue to be under pressure...
The 1-hour moving average of gold has diverged downward to form a dead cross. The downward space of gold has opened. The short position of gold has just begun. The 1-hour gold price continues to maintain a concussive downward trend. The resistance of the 1-hour downward trend line of gold has moved down to around 2503.Gold continues to be shorted below 2503
Gold's 1-hour moving average has also begun to show signs of turning. Gold's 1-hour trend is still fluctuating and falling, and gold's rebound highs have been lowered successively. This is an obvious weakening trend, and gold's rebound continues to be bearish.
The Federal Reserve meeting minutes raised expectations for an interest rate cut in September, increasing gold's rise. However, gold still did not reach a new high. Gold is cautiously chasing the rise, and should be careful about the fall after the high. The 1-hour chart of gold is now showing a volatile downward trend. It is more difficult for gold to rise...
Gold is still in the process of rising in shock, and the correction has not affected the upward trend of gold for the time being. The 1-hour moving average of gold is temporarily flat, but it is still arranged in the upward direction of the golden cross. If there is a downward turn, then we should pay attention to it. Before there is a turning point, gold will...
The 1-hour moving average of gold continues to diverge upward, and the power of gold bulls is still there. Gold continues to go long when it falls back. The previous high of gold is 2510, which has now turned into support. As long as gold does not fall below 2510, you can still go long on dips and wait for gold to return to around 2515.
Gold is still strong overall, and the bullish trend will continue. The 1-hour moving average of gold is still in a golden cross and is arranged upward. The opening continues to widen. The bullish trend of gold is full of strength and will continue to rise. The gold moving average support has now moved up to around 2489. If gold falls back to around 2495, you can...
The 1-hour moving average of gold once again forms a bullish arrangement with a golden cross upward. Gold bulls will continue to go crazy and accelerate their rise. Without accelerated rise, gold bulls will not end.
Gold CPI data is bullish. Gold failed to break through the historical high, and gold began to fall and break. Gold bulls were hit hard, so it will take time to repair in the short term. Gold short-term bears are better. The 1-hour moving average of gold has begun to turn. Now focus on whether the 1-hour moving average of gold can form a downward death cross. If...