#美联储降息

12.15 PM

Current spot gold is fluctuating around 4327, showing an overall upward trend. Previously, it experienced a series of consecutive bullish candles, rising to 4329.73 before entering a consolidation phase. The candlesticks are alternating between small bullish and bearish forms within the high range, representing a continuation pattern during the upward process. The price remains stable above the key support level established during the previous rise, without significant bearish candles indicating a large decline. The candlestick bodies during the consolidation phase are relatively small, indicating a temporary battle between bulls and bears, but the bulls still dominate. Currently, it is fluctuating in the upper middle band of the Bollinger Bands.

The MACD double lines have formed a death cross, and the histogram is showing red, indicating that short-term bullish momentum has weakened, with slight pullback pressure, but no trend reversal signals have appeared. The RSI for the 6-period is in the bullish zone above 50 but is not overbought. The 12/24 period RSI is also at a high level, showing that bullish strength is still present, but upward momentum has slowed.

The short-term bullish trend for gold remains, but after rising, it has entered a consolidation phase, indicating a technical demand for a slight pullback. If the price can hold above the middle band support of the Bollinger Bands, it is likely to continue upward after consolidation. If it breaks below the middle band, it may seek support at the lower band around 4322.26.

In the short term, it is recommended to consider buying on a pullback to around 4315--10 with a light position, adding at 4310, and targeting around 4350-60.

The above is only personal advice for reference; please refer to the specific layout of Jing Sheng Stone Pan!