黄金笔记江城
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Exclusive slots for the gold trading session are now open, entry threshold is $5000, only 3 spots left, don't miss out.
Let's skip the useless chatter and ditch the get-rich-quick fantasies; we’re not looking for overnight flips.
May's trading is all about steady gains while sticking to our principles: no blind jumps in, no greedy holds, and no fighting against the trend.
Only trade what you can read, securing profits with confidence.
If you're all about solid and steady trading for consistent growth, come join us to win together. $XAU #黄金
Let's skip the useless chatter and ditch the get-rich-quick fantasies; we’re not looking for overnight flips.
May's trading is all about steady gains while sticking to our principles: no blind jumps in, no greedy holds, and no fighting against the trend.
Only trade what you can read, securing profits with confidence.
If you're all about solid and steady trading for consistent growth, come join us to win together. $XAU #黄金
Crude oil is currently in a wide-ranging consolidation pattern on the 4-hour chart, with short-term volatility clearly intensifying, while the overall trend still leans bullish. The core support for oil prices continues to rely on the geopolitical risks in the Middle East; the current situation is just a temporary cooldown and hasn't fully settled. Any sudden movements could quickly drive oil prices back up.
The overall range is locked between 84—100. If we see a bounce back to the 100 level today, consider taking a light short position with strict stop-losses; if it pulls back first, pay close attention to the 90 support level and look for a chance to set up long positions once it stabilizes. In a choppy market, it's crucial to manage position sizes carefully—don't blindly chase after price spikes or sell-offs, and adjust your trading strategy only after a clear breakout. #原油
The overall range is locked between 84—100. If we see a bounce back to the 100 level today, consider taking a light short position with strict stop-losses; if it pulls back first, pay close attention to the 90 support level and look for a chance to set up long positions once it stabilizes. In a choppy market, it's crucial to manage position sizes carefully—don't blindly chase after price spikes or sell-offs, and adjust your trading strategy only after a clear breakout. #原油
Today, the Asian session saw gold gapping down, with short-term bearish sentiment being fully unleashed, returning the market to a weaker consolidation rhythm. Right now, keep a close eye on the 4650 critical support level, which has held strong during previous retests, showing solid buying strength. In the early session, don't blindly chase shorts; instead, protect your position at 4650, and if there's a pullback that stabilizes, go long to catch a wave of corrective action.
After the gap down, gold prices are likely entering a sideways digestion phase, with 4650 being a previously validated strong support and a key defensive line for bulls, backed by solid buying momentum above. Looking at the 4-hour chart, the RSI indicator has entered the oversold zone, and bearish momentum is slowly waning, creating a technical need for a short-term rebound. Initially, watch for resistance in the 4720-4750 range; a bounce to this level may encounter selling pressure, so avoid chasing highs excessively.
Overall, gold prices in the early session are expected to consolidate around 4650, gradually probing for a bottom and initiating a rebound. As long as 4650 is not effectively breached, a one-sided downtrend won't form, with the intraday action focused on a rebound and repair.
In terms of strategy, rely on the 4650 support for long entries, steering clear of short risks: when prices pull back to the 4650-4670 range and show signs of stabilizing, consider scaling into long positions.
This gap down is more about short-term sentiment release and does not signify a trend reversal; just hold the 4650 support and go long as the trend dictates. #黄金 $XAU
After the gap down, gold prices are likely entering a sideways digestion phase, with 4650 being a previously validated strong support and a key defensive line for bulls, backed by solid buying momentum above. Looking at the 4-hour chart, the RSI indicator has entered the oversold zone, and bearish momentum is slowly waning, creating a technical need for a short-term rebound. Initially, watch for resistance in the 4720-4750 range; a bounce to this level may encounter selling pressure, so avoid chasing highs excessively.
Overall, gold prices in the early session are expected to consolidate around 4650, gradually probing for a bottom and initiating a rebound. As long as 4650 is not effectively breached, a one-sided downtrend won't form, with the intraday action focused on a rebound and repair.
In terms of strategy, rely on the 4650 support for long entries, steering clear of short risks: when prices pull back to the 4650-4670 range and show signs of stabilizing, consider scaling into long positions.
This gap down is more about short-term sentiment release and does not signify a trend reversal; just hold the 4650 support and go long as the trend dictates. #黄金 $XAU
Weekly Gold Market Analysis
This week, gold wrapped up its strong bullish run that lasted four consecutive weeks and entered a high-volatility correction phase. At the start of the week, gold prices opened at 4790, dipped back to 4750, then surged to 4830. However, the selling pressure intensified at these highs, and on Tuesday, it plummeted to a weekly low of 4672, marking the largest weekly drop in over a month. It ultimately closed above 4700, displaying a pattern of upward spikes followed by pullbacks and a weak recovery trend.
This round of adjustment is influenced by multiple factors, including a stronger dollar, rising US Treasury yields, and heightened inflation expectations. Additionally, uncertainties in the geopolitical situation around the Strait of Hormuz have driven oil prices up, further reinforcing the market's expectation of prolonged high interest rates, which places a temporary cap on gold prices. Nevertheless, strong buying support exists in the 4650-4700 range, and medium to long-term investors have not significantly exited the market.
From a technical perspective, the weekly chart has not formed a bearish trend yet, and the moving averages still lean bullish. The 4700 level remains a solid support. Gold is currently in a consolidation phase at high levels. Next week's FOMC meeting will be crucial; if expectations for high interest rates are reinforced, gold prices may continue to adjust, and we need to be cautious of a rapid pullback if it faces resistance below 4880. At the same time, risk aversion remains, and with a flurry of macro data set to be released, gold price volatility is expected to increase. #黄金
This week, gold wrapped up its strong bullish run that lasted four consecutive weeks and entered a high-volatility correction phase. At the start of the week, gold prices opened at 4790, dipped back to 4750, then surged to 4830. However, the selling pressure intensified at these highs, and on Tuesday, it plummeted to a weekly low of 4672, marking the largest weekly drop in over a month. It ultimately closed above 4700, displaying a pattern of upward spikes followed by pullbacks and a weak recovery trend.
This round of adjustment is influenced by multiple factors, including a stronger dollar, rising US Treasury yields, and heightened inflation expectations. Additionally, uncertainties in the geopolitical situation around the Strait of Hormuz have driven oil prices up, further reinforcing the market's expectation of prolonged high interest rates, which places a temporary cap on gold prices. Nevertheless, strong buying support exists in the 4650-4700 range, and medium to long-term investors have not significantly exited the market.
From a technical perspective, the weekly chart has not formed a bearish trend yet, and the moving averages still lean bullish. The 4700 level remains a solid support. Gold is currently in a consolidation phase at high levels. Next week's FOMC meeting will be crucial; if expectations for high interest rates are reinforced, gold prices may continue to adjust, and we need to be cautious of a rapid pullback if it faces resistance below 4880. At the same time, risk aversion remains, and with a flurry of macro data set to be released, gold price volatility is expected to increase. #黄金
Midday Analysis
Current gold price is hovering below the middle band of the Bollinger Bands, showing an overall weak oscillation pattern. The Bollinger Bands are slightly tightening, indicating a narrowing short-term volatility range, with the middle band exerting direct pressure and the lower band support becoming more pronounced.
Short-term moving averages are tilting downward, continuing to apply pressure, as gold has broken below the short-term moving average support; the mid-term moving averages remain bullish, with short-term pullbacks not altering the overall uptrend. The battle between bulls and bears is focused on the short-term moving average range.
For a rebound to $4690-$4700, consider opening short positions in batches, with a stop-loss at $4725 and a target of $4650-$4630; if there's a pullback to stabilize around $4630-$4650, a light long position can be taken with a stop-loss at $4610 and a target of $4680-$4700. Monitor the internal market closely, strictly control your position size, and aim for quick entries and exits, avoiding overnight positions as much as possible. #黄金 $BTC $XAU
Current gold price is hovering below the middle band of the Bollinger Bands, showing an overall weak oscillation pattern. The Bollinger Bands are slightly tightening, indicating a narrowing short-term volatility range, with the middle band exerting direct pressure and the lower band support becoming more pronounced.
Short-term moving averages are tilting downward, continuing to apply pressure, as gold has broken below the short-term moving average support; the mid-term moving averages remain bullish, with short-term pullbacks not altering the overall uptrend. The battle between bulls and bears is focused on the short-term moving average range.
For a rebound to $4690-$4700, consider opening short positions in batches, with a stop-loss at $4725 and a target of $4650-$4630; if there's a pullback to stabilize around $4630-$4650, a light long position can be taken with a stop-loss at $4610 and a target of $4680-$4700. Monitor the internal market closely, strictly control your position size, and aim for quick entries and exits, avoiding overnight positions as much as possible. #黄金 $BTC $XAU
4.24 WTI Crude Oil Morning Analysis
WTI crude has pulled back from its previous high of 105.66 to a low of 81.96, kicking off a strong rebound rally. Currently, oil prices are hovering around 99.43, approaching the critical 100 level. Overall, we see a pattern of a strong rebound after a drop, with high volatility in the upper range, and bullish momentum is robust and powerful.
From a technical standpoint, oil prices have initiated an upward movement from the low of 81.96, with both highs and lows moving up in sync, forming a classic bullish channel. The bullish trend is clear, and any short-term pullbacks are merely temporary corrections before quickly reclaiming lost ground.
On the fundamental side, the geopolitical situation in the Middle East remains tense, and the risk of oil supply disruptions has increased. Risk-off sentiment continues to support oil prices, becoming the core driving force behind this rebound. In terms of strategy, it is recommended to look for long positions in the pullback range of 98.8-99.1, with targets set at 100-100.8. #黄金 #原油 #BTC走势分析
WTI crude has pulled back from its previous high of 105.66 to a low of 81.96, kicking off a strong rebound rally. Currently, oil prices are hovering around 99.43, approaching the critical 100 level. Overall, we see a pattern of a strong rebound after a drop, with high volatility in the upper range, and bullish momentum is robust and powerful.
From a technical standpoint, oil prices have initiated an upward movement from the low of 81.96, with both highs and lows moving up in sync, forming a classic bullish channel. The bullish trend is clear, and any short-term pullbacks are merely temporary corrections before quickly reclaiming lost ground.
On the fundamental side, the geopolitical situation in the Middle East remains tense, and the risk of oil supply disruptions has increased. Risk-off sentiment continues to support oil prices, becoming the core driving force behind this rebound. In terms of strategy, it is recommended to look for long positions in the pullback range of 98.8-99.1, with targets set at 100-100.8. #黄金 #原油 #BTC走势分析
Gold's rebound is losing steam, morning focus on a bearish pullback
On Thursday, gold made several attempts to bounce back but it was a real rollercoaster ride, never able to hold above the crucial level of 4750. Towards the end of the day, it dipped around 4665 but quickly recovered. Overall, the market remains primarily in a consolidation phase; avoid chasing pumps or dumps.
From a structural perspective, each bounce faces strong selling pressure, with bulls lacking momentum and struggling to push higher. This morning, it's likely we'll see a continuation of the bearish retracement; today is expected to maintain a weak downward trend, so best to go with the flow and consider shorting to mitigate bottom-fishing risks.
On the technical side, gold's bounce highs are gradually decreasing, and new lows are being established. The daily moving averages have completely turned downwards, forming a bearish arrangement with significant downward pressure. On the 4-hour chart, MACD and KDJ are continuing to weaken, with prices running in a descending channel, unable to break through key resistance, making the bearish trend even clearer. The 4730-4750 range above constitutes strong resistance, while initial support is seen around 4680-4665; breaking below that will open up more downside potential.
This morning, gold prices continue to exhibit weak bearish fluctuations, with rebound strength being very limited. Even slight recoveries struggle to break through resistance, overall presenting a pattern of "rebound meets resistance, bearish consolidation."
In terms of strategy, focus on shorting, with some long positions as backup. If gold prices rebound to the 4730-4750 range, it may be a good opportunity to go short, targeting the 4680-4650 area. Strictly manage risks and trade in line with the short-term momentum #黄金 #BTC走势分析
On Thursday, gold made several attempts to bounce back but it was a real rollercoaster ride, never able to hold above the crucial level of 4750. Towards the end of the day, it dipped around 4665 but quickly recovered. Overall, the market remains primarily in a consolidation phase; avoid chasing pumps or dumps.
From a structural perspective, each bounce faces strong selling pressure, with bulls lacking momentum and struggling to push higher. This morning, it's likely we'll see a continuation of the bearish retracement; today is expected to maintain a weak downward trend, so best to go with the flow and consider shorting to mitigate bottom-fishing risks.
On the technical side, gold's bounce highs are gradually decreasing, and new lows are being established. The daily moving averages have completely turned downwards, forming a bearish arrangement with significant downward pressure. On the 4-hour chart, MACD and KDJ are continuing to weaken, with prices running in a descending channel, unable to break through key resistance, making the bearish trend even clearer. The 4730-4750 range above constitutes strong resistance, while initial support is seen around 4680-4665; breaking below that will open up more downside potential.
This morning, gold prices continue to exhibit weak bearish fluctuations, with rebound strength being very limited. Even slight recoveries struggle to break through resistance, overall presenting a pattern of "rebound meets resistance, bearish consolidation."
In terms of strategy, focus on shorting, with some long positions as backup. If gold prices rebound to the 4730-4750 range, it may be a good opportunity to go short, targeting the 4680-4650 area. Strictly manage risks and trade in line with the short-term momentum #黄金 #BTC走势分析
News-wise, the geopolitical risks in the Middle East are heating up. Shipping through the Strait of Hormuz is facing interruptions, significantly increasing the risk of oil supply disruptions, which is strongly supporting oil prices. The USD is struggling at high levels and can't suppress the oil bulls, with safe-haven buying continuously flowing in. Tonight's EIA crude oil inventory data is expected to show a decline, further bullish for oil prices; we just need to be alert for any sudden de-escalation in geopolitical tensions that could trigger a short-term pullback.
On the technical side, oil prices are on a strong upward trend, with a series of bullish candlesticks and ample upward momentum. Current price is $95.2/barrel, with support at $94.0-94.5 and $93.0, and resistance at $96.5-97.0 and $98.5.
In terms of strategy, we should primarily look to play the momentum by going long on pullbacks, aiming to buy around $94.0-94.5 if it stabilizes, with a stop-loss at $93.0 and a target of $96.5-97.0. If it breaks above $97.0, we can add to our position.
On the technical side, oil prices are on a strong upward trend, with a series of bullish candlesticks and ample upward momentum. Current price is $95.2/barrel, with support at $94.0-94.5 and $93.0, and resistance at $96.5-97.0 and $98.5.
In terms of strategy, we should primarily look to play the momentum by going long on pullbacks, aiming to buy around $94.0-94.5 if it stabilizes, with a stop-loss at $93.0 and a target of $96.5-97.0. If it breaks above $97.0, we can add to our position.
The current gold market is seeing intensified long and short battles, with volatility in the charts. Geopolitical risk aversion is cooling off a bit, as the US and Iran are signaling a thaw in tensions, reducing conflict risks, which put downward pressure on gold prices yesterday. However, the situation in the Strait of Hormuz remains tense, and with oil prices holding high, there's still some geopolitical heat supporting gold prices. We're looking at a short-term bearish consolidation but medium-term bullish support.
Expectations for a Fed rate cut are cooling, strengthening the dollar and US Treasury yields, which raises the holding costs for gold and coupled with ongoing ETF sell-offs, puts mid-term pressure on gold prices. Meanwhile, global central banks are still buying gold, solidifying a bottom for prices and limiting significant downside potential.
On the technical side, gold has undergone an oversold correction, with bulls and bears in a standoff. The key support at 4720 remains solid, and both short-term long and short momentum are weak, waiting for a breakout from the range. Resistance levels are at 4770-4800-4835, with support at 4720-4700-4665. Looking to go long at 4680-4660 with targets at 4760-4780; considering a short near 4750 with targets at 4730-4700#黄金 #BTC走势分析 .
Expectations for a Fed rate cut are cooling, strengthening the dollar and US Treasury yields, which raises the holding costs for gold and coupled with ongoing ETF sell-offs, puts mid-term pressure on gold prices. Meanwhile, global central banks are still buying gold, solidifying a bottom for prices and limiting significant downside potential.
On the technical side, gold has undergone an oversold correction, with bulls and bears in a standoff. The key support at 4720 remains solid, and both short-term long and short momentum are weak, waiting for a breakout from the range. Resistance levels are at 4770-4800-4835, with support at 4720-4700-4665. Looking to go long at 4680-4660 with targets at 4760-4780; considering a short near 4750 with targets at 4730-4700#黄金 #BTC走势分析 .
The core of gold trading has never been complex techniques, but rather a calm mindset.
Novices are easily influenced by the market, with emotions driving both rises and falls, blindly increasing positions, and panic selling, constantly depleting their capital. Mature trading values strict discipline, planning stop losses and targets in advance, ignoring short-term fluctuations.
Do not hold positions, do not be greedy for profits, timely stop losses on small losses, and secure profits. The market never lacks opportunities; trading is essentially a game against human nature. Only by overcoming greed and fear can one establish a long-term foothold and achieve steady and sustainable profits. #黄金
Novices are easily influenced by the market, with emotions driving both rises and falls, blindly increasing positions, and panic selling, constantly depleting their capital. Mature trading values strict discipline, planning stop losses and targets in advance, ignoring short-term fluctuations.
Do not hold positions, do not be greedy for profits, timely stop losses on small losses, and secure profits. The market never lacks opportunities; trading is essentially a game against human nature. Only by overcoming greed and fear can one establish a long-term foothold and achieve steady and sustainable profits. #黄金
April 22nd Gold Morning Thoughts
The gold washout market has come to an end, with strong support at low levels and a clear upward trend. Overall, we maintain a core low-buying strategy during the day.
Overnight, gold prices quickly dipped to complete emotional release, rebounding at the strong support level of 4668, returning to the 4730 range for consolidation. The technical patterns across all cycles are repairing and turning, with a long lower shadow on the daily chart solidifying the bottom. Negative news is gradually being digested, the US dollar is weak, and combined with geopolitical risks and central banks' continuous gold purchases, there is strong support for gold prices.
The support level below 4680-4700 is solid, and we plan to accumulate long positions in batches during pullbacks, with attention on the rebound targets between 4760 and 4800 above. In a volatile market, strictly control positions, avoid chasing highs, adhere to stop-losses, and rationally seize swing trading opportunities. #黄金
The gold washout market has come to an end, with strong support at low levels and a clear upward trend. Overall, we maintain a core low-buying strategy during the day.
Overnight, gold prices quickly dipped to complete emotional release, rebounding at the strong support level of 4668, returning to the 4730 range for consolidation. The technical patterns across all cycles are repairing and turning, with a long lower shadow on the daily chart solidifying the bottom. Negative news is gradually being digested, the US dollar is weak, and combined with geopolitical risks and central banks' continuous gold purchases, there is strong support for gold prices.
The support level below 4680-4700 is solid, and we plan to accumulate long positions in batches during pullbacks, with attention on the rebound targets between 4760 and 4800 above. In a volatile market, strictly control positions, avoid chasing highs, adhere to stop-losses, and rationally seize swing trading opportunities. #黄金
Gold evening review, countdown to ceasefire, the turning point is near!
The trend of gold has not deviated from expectations: it gapped down at the opening and then turned around to fill the gap above. Although this gap pattern is different from previous ones, the core issue remains unchanged — it all depends on whether the range of 4830-4838 can hold. This morning, the gold price touched the gap position of 4833, technically receiving support and temporarily halting the decline. But note that the technicals are no longer the main character; what truly influences the market is a ceasefire countdown that is spiraling out of control.
The support at the psychological barrier of 4800 is not strong. The 4782-4802 area mentioned yesterday is still a key dividing line today. However, the resistance above has clearly strengthened today, directly pushing the gold price down. Therefore, aside from today's partial gap being barely filled (a correction at the hourly chart level), pay close attention to the resistance at 4830 above; below, the core level to watch is 4780. If the market breaks below 4780 again and continues to probe lower, it cannot be ruled out that it will move to the 4750-4760 area.
There isn't much special to elaborate on the technicals today; the core focus is on the strength of the resistance. According to Fibonacci guidance, the previous highs and lows are the real key. As long as this range is not broken on both sides, the previous market fantasies of breaking above 4915 or below 4700 are hard to realize. Be sure to closely monitor the bidirectional break of this range.
In addition, most auxiliary indicators are flat and show no clear direction. In the short term, gold will likely continue to fluctuate, with the final direction depending on how the geopolitical situation unfolds. Another detail: today's gold price is declining in a slow bearish manner, which is also related to a slight reduction in gold ETF holdings.
The real turning point in the market will be in the next two days. Please prioritize this time variable highly and respond cautiously.
The trend of gold has not deviated from expectations: it gapped down at the opening and then turned around to fill the gap above. Although this gap pattern is different from previous ones, the core issue remains unchanged — it all depends on whether the range of 4830-4838 can hold. This morning, the gold price touched the gap position of 4833, technically receiving support and temporarily halting the decline. But note that the technicals are no longer the main character; what truly influences the market is a ceasefire countdown that is spiraling out of control.
The support at the psychological barrier of 4800 is not strong. The 4782-4802 area mentioned yesterday is still a key dividing line today. However, the resistance above has clearly strengthened today, directly pushing the gold price down. Therefore, aside from today's partial gap being barely filled (a correction at the hourly chart level), pay close attention to the resistance at 4830 above; below, the core level to watch is 4780. If the market breaks below 4780 again and continues to probe lower, it cannot be ruled out that it will move to the 4750-4760 area.
There isn't much special to elaborate on the technicals today; the core focus is on the strength of the resistance. According to Fibonacci guidance, the previous highs and lows are the real key. As long as this range is not broken on both sides, the previous market fantasies of breaking above 4915 or below 4700 are hard to realize. Be sure to closely monitor the bidirectional break of this range.
In addition, most auxiliary indicators are flat and show no clear direction. In the short term, gold will likely continue to fluctuate, with the final direction depending on how the geopolitical situation unfolds. Another detail: today's gold price is declining in a slow bearish manner, which is also related to a slight reduction in gold ETF holdings.
The real turning point in the market will be in the next two days. Please prioritize this time variable highly and respond cautiously.
Gold late review, countdown to ceasefire, turning point is near!
The trend of gold has not deviated from expectations: it opened low with a gap and then turned around to fill the gap above. Although this gap formation is different from previous ones, the core issue remains unchanged—the key is whether the range of 4830-4838 can hold. This morning, the gold price touched the gap at 4833, technically receiving support and temporarily halting the decline. However, it should be noted that the technical aspect is no longer the main character; what truly influences the market is an out-of-control countdown to the ceasefire.
The support at the psychological barrier of 4800 is not strong. The range of 4782-4802 mentioned yesterday is still a critical watershed today. However, the resistance above today has significantly increased, directly pushing the gold price down. Therefore, aside from the partial gap fill today (a correction at the hourly chart level), pay close attention to the resistance at 4830 above the pivot point; the core focus below is at 4780. If the market breaks below 4780 again and continues to probe lower, it is possible to reach the area of 4750-4760.
There isn’t much particularly noteworthy about today’s technicals; the core is to monitor the intensity of resistance. According to Fibonacci guidance, previous highs and lows are the real keys. As long as this range is not broken in both directions, the market's prior fantasies of breaking above 4915 or below 4700 will be hard to realize. Be sure to keep a close watch on the dual break of this range.
In addition, currently, most auxiliary indicators are flat, with no clear direction. In the short term, gold is likely to continue fluctuating, with the final direction depending on how the geopolitical situation unfolds. Another detail: the intraday gold price is declining in a slow bearish manner, which is also related to the slight reduction in gold ETFs.
The real turning point in the market is in the next two days. Please prioritize time as the highest variable, and respond cautiously.
The trend of gold has not deviated from expectations: it opened low with a gap and then turned around to fill the gap above. Although this gap formation is different from previous ones, the core issue remains unchanged—the key is whether the range of 4830-4838 can hold. This morning, the gold price touched the gap at 4833, technically receiving support and temporarily halting the decline. However, it should be noted that the technical aspect is no longer the main character; what truly influences the market is an out-of-control countdown to the ceasefire.
The support at the psychological barrier of 4800 is not strong. The range of 4782-4802 mentioned yesterday is still a critical watershed today. However, the resistance above today has significantly increased, directly pushing the gold price down. Therefore, aside from the partial gap fill today (a correction at the hourly chart level), pay close attention to the resistance at 4830 above the pivot point; the core focus below is at 4780. If the market breaks below 4780 again and continues to probe lower, it is possible to reach the area of 4750-4760.
There isn’t much particularly noteworthy about today’s technicals; the core is to monitor the intensity of resistance. According to Fibonacci guidance, previous highs and lows are the real keys. As long as this range is not broken in both directions, the market's prior fantasies of breaking above 4915 or below 4700 will be hard to realize. Be sure to keep a close watch on the dual break of this range.
In addition, currently, most auxiliary indicators are flat, with no clear direction. In the short term, gold is likely to continue fluctuating, with the final direction depending on how the geopolitical situation unfolds. Another detail: the intraday gold price is declining in a slow bearish manner, which is also related to the slight reduction in gold ETFs.
The real turning point in the market is in the next two days. Please prioritize time as the highest variable, and respond cautiously.
Gold midday quote 4777, with a slight decline during the day. The morning surged to the anticipated high point of 4833 before quickly weakening, dipping to a low of 4775, creating a high-level washout market. Domestic gold T+D also retraced synchronously, and the morning's high-level oscillation judgment was realized as expected.
The geopolitical situation continues to provide safe-haven support, while the expectations for a Federal Reserve interest rate cut have cooled and the dollar has strengthened, temporarily suppressing gold prices, resulting in an overall high-level oscillation and accumulation pattern. From a technical perspective, the lower support is solid, with short-term resistance concentrated in the 4793 to 4832 range.
In terms of operations, firmly adhere to the bullish main line, buying in batches on dips of 4760-4775; short-term pressure can take light short positions, with strict stop-loss control throughout, refusing to chase up or hold positions, and rationally controlling the rhythm. #黄金
The geopolitical situation continues to provide safe-haven support, while the expectations for a Federal Reserve interest rate cut have cooled and the dollar has strengthened, temporarily suppressing gold prices, resulting in an overall high-level oscillation and accumulation pattern. From a technical perspective, the lower support is solid, with short-term resistance concentrated in the 4793 to 4832 range.
In terms of operations, firmly adhere to the bullish main line, buying in batches on dips of 4760-4775; short-term pressure can take light short positions, with strict stop-loss control throughout, refusing to chase up or hold positions, and rationally controlling the rhythm. #黄金
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