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✅Gold continued to close positive on the hourly chart in early trading, with the price hitting the key psychological mark of 2,700 and briefly breaking through. However, after the breakthrough, gold did not accelerate upward quickly, but fell back slightly, which shows that the market showed a certain hesitation at the key point. The short-term pullback provides...

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✅The long-term trend of gold is bullish, the medium-term trend is unclear, and the short-term trend is bullish. According to the Ichimoku Kinko Hyo, the gold price continued to break through 2676 in the 4-hour period, and rose steadily based on the top and bottom conversion positions. The short-term trend of gold tends to rise. ✅The overall fundamental news is...

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🔸Today, gold continued to consolidate at a high level and did not continue its strong rise. There is a possibility of a correction at any time in the short term. Although gold broke upward, the strength was relatively limited. A "double top" pattern was formed in the short term, and the key support level below was near 2645. If the gold price fails to fall below...

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🔸Gold Technical Analysis, December 9 🔹The upper track of the current adjustment channel of gold has gradually moved down to the 2670 line, and the lower track support has gradually moved up to the 2590 line. These two positions coincide with the 10-day moving average and the middle track of the weekly line, forming important support and pressure points. In the...

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✅The recent trend of gold has continued to fluctuate. Although the market is looking forward to breaking the balance after non-agricultural data, the results are slightly dull, and the gold price has not experienced significant unilateral fluctuations. Overall, gold maintains a volatile and weak trend, with its highs gradually moving downwards and the moving...

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🔸Recently, I have been reminding everyone to pay attention to the operation within the range in gold trading and avoid one-way chasing orders. Yesterday, gold fell after being under pressure near 2655, and continued to fall in the morning today. At present, the short-term short energy has basically been released, and the bottom of gold is close to the key support...

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🔸Since gold fell sharply last Monday, the overall trend has been slightly volatile. In the three trading days this week, the daily high of gold has always been suppressed by the MA60 moving average, and it fell back quickly after each time it was touched. Today's suppression position is around 2657. The 2630-2632 support range below is still stable after being...

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🔸Hello everyone! This week, gold hit the 2650 mark for two consecutive days and was blocked and fell back, indicating that there is a lot of short pressure at this position. The current daily line is in a weak oscillation after a big negative line. The weekly line 2790 forms a dusk star pattern, which clearly signals the top; the monthly line closes at a high...

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🔸Yesterday, gold closed the cross K line again, which means that the market consolidated on the fifth trading day, and the price entered a state of passivation and shock. Gold is currently in a key range consolidation stage, waiting to break through to open a new range and clarify the future price direction. 🔸From the recent trend of gold, there was a sharp drop...

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🔸Dear friends, Happy Monday. Gold fell directly at the opening of the morning, falling 30 points in a short period of time, and directly fell through the support of 2630. The current focus is on the support of 2620, which is the low point of the Thanksgiving holiday. Gold also rose all the way from this position during Thanksgiving. Secondly, the support...

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🔶Yesterday, the price of gold rose sharply, and the daily line closed with a big positive line. The price of gold rose strongly from $2564 to $2614, an increase of more than $50 in a single day. In the morning trading today, the price of gold further rose, reaching a high of $2626, and has now risen by $63. The short-term pattern and technical indicators have...

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🔶After the gold daily line experienced a 6-day adjustment and decline, the short-term downward trend has eased, and there are signs of stabilization and rise. The stochastic indicator (KDJ) is at a low level, although it is temporarily blunted, but the further downward space is limited. The MACD indicator double-line adhesion is downward, and the kinetic energy...

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🔥Dear investors, have a good weekend. 🔶Recently, everyone has been paying close attention to whether the gold bull market is over. Although the current correction is large and short-lived, from the overall increase this year, the gold price has risen by about $800, which is a record high in terms of both the increase ratio and the absolute price increase. After a...

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Gold's daily line rebounded after a continuous decline. It ended with a long lower shadow hammer yesterday, indicating that the downward momentum has been suspended and the rebound correction is reasonable. It closed at a neutral position, and the overall trend was still bearish. The rebound was weak, indicating that the bears have not yet reversed, and it is...

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🔶In the early European session on Thursday, gold prices continued to fall and have now fallen below the key support level of $2,550, hitting a two-month low. In the short term, the gold market is affected by the strength of the US dollar and expectations of US economic data, and the technical side gradually tends to be bearish. 🔶Gold prices have closed negative...

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The current trend of gold is in line with expectations. The price of gold has fallen back after rising and is currently below 2600. The daily line closed lower on four consecutive negative lines, and the decline continued and gradually deepened, showing a weak short-term pattern in the short term. Yesterday, gold rebounded to 2618 and then fell back under...

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🔶Judging from the current trend, since gold began to fall after the election, although there have been occasional rebounds, the overall trend is still an inserted downward trend. There is no clear reversal signal in the market, and the repeated fluctuations during the session seem to be tempting to buy more. Although the technical indicators below the 4-hour level...

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🔶Gold bulls are currently lacking in momentum, and the price has fallen below a new low again, with an obvious bearish trend. The 4-hour chart shows that the moving average system maintains a dead cross and diverges downward, indicating that the bearish force continues to increase, suggesting that the downward trend of gold has not yet ended. 🔶From a technical...