Gold price is above 3130, long at low price As shown in the figure 12345 form channel changes respectively, and the trend accelerates upward Principle: Trends are abstract So we draw specific channel lines to intuitively feel the trend You can see that the channel angle reflected by 1-5 is constantly expanding. The reflected gold price trend: emotions are...
Today, the gold price needs to be alert to fall back to 3080. As shown in the figure: Four-hour cycle: The gold price has clearly begun to build a peak. So at present: The 3145-3150 area will become an important pressure stage. The 3115-3110 area will become an important support stage. From the perspective of structure and selling pressure, once the gold price...
Gold prices still have room to rise on Monday As shown in the figure: Four-hour cycle The 1234 rays diverging from point A represent the changes in the angle and intensity of the trend in development The process from 1 to 4 shows that the risk aversion of gold prices is getting heavier, and the trend of forced short selling is becoming more and more obvious I...
Gold prices still have room to rise on Monday As shown in the figure: Four-hour cycle The 1234 rays diverging from point A represent the changes in the angle and intensity of the trend in development The process from 1 to 4 shows that the risk aversion of gold prices is getting heavier, and the trend of forced short selling is becoming more and more obvious I...
Bitcoin will usher in trend opportunities again As shown in the figure: I used the channel within the 4-hour cycle to construct the latest oscillating trend of Bitcoin. From a macro perspective, Bitcoin has entered the late stage of oscillation and will face a new trend outbreak in the next week. All key support and resistance levels are sorted out for...
Gold is expected to peak faster on Friday Gold continued to rise sharply, breaking through the 3000 support, and then the bulls directly rose, forcing the bears to rush to 3080-90. Yesterday, the European session pulled up and broke through the high point, and the US market bottomed out and rebounded and continued to break through the high point, showing that it...
Can gold set a new high? Let's look at the key suppression level! News analysis: 1: Impact of Fed policy: Bostic's hawkish remarks (expecting one rate cut) and Powell's attitude of not rushing to cut interest rates will suppress gold in the short term; but if economic data is weak (such as a decline in PMI), it may strengthen the demand for safe-haven...
Gold may fall sharply on March 27 Technical key position game: Gold has risen by more than 15% this year, and hit a record high of $3057.21 on March 20. It currently needs to break through the 3035 watershed to confirm the continuity of the upward trend. Daily level: Prices fluctuate in a narrow range, and there is pressure for a correction. 3000 integer mark,...
Today, beware of a sharp drop in gold prices: 3005--3010 From a technical perspective: As shown in the figure: Four-hour cycle After gold was blocked near 3021, the short-term downward pressure increased, forming an obvious downward channel. The upper short-term resistance is concentrated in the 3020-3025 range The lower support is at 3005-3000. If the gold...
Gold will continue to rise to 3040-3045 today Gold opened at 3024 today, rose to 3026 briefly, and then fell under pressure, hitting the intraday low of 3013. Then the gold price stabilized at a low level and is currently hovering around 3025. The European session focuses on the upper resistance range of 3030-3035. From a technical point of view, if the gold...
Gold price test on Monday: Pressure around 3040-3045 There is no doubt that gold will definitely face short-selling pressure next. Gold's current fluctuation range: 3000-3060 Head and shoulders top in four-hour cycle, the top is around 3058, and there is a high possibility of a double top structure next So I estimate that the next top is in the 3040-3045...
Friday Gold Recommendations Fundamental Analysis: Current gold prices are supported by the Fed's expectations of rate cuts and geopolitical hedging needs. Weak US economic data has strengthened market bets on a June rate cut, while escalating tensions in the Middle East (such as the conflict in Yemen and Gaza) and uncertainty in trade policy have further boosted...
Gold prices remain in the 3040-3055 range Yesterday, Fed Chairman Powell's dovish remarks drove gold prices up, breaking through the historical mark of $3050. Technical analysis: Daily chart: Gold prices show a strong pattern of three consecutive positives Strong support formed near $3023 4-hour chart: Support formed at 3040. Intraday operation...
Gold price target on Wednesday is 3050 1. Market analysis Bull force: Gold price continues to hit new highs in the short term, showing bull force. The 1-hour chart shows that the price is still in an upward channel and may continue to rise in the short term. Overbought risk: The daily and weekly lines are overbought and divergent, and the price deviates far from...
Please note: Gold will continue to rise Increased safe-haven demand: The escalation of conflicts in the Middle East, the US crackdown on the Houthi armed forces in the Red Sea region, and the uncertainty of the ceasefire negotiations between Russia and Ukraine have pushed up the market's risk aversion sentiment, and gold has been favored as a safe-haven...
Gold is expected to hit 3,000 points for the second time The current gold market does show a strong bullish trend, especially after the gold price fell back to around 2,980 last Friday, it rebounded quickly, further consolidating the dominance of the bulls. Going with the trend is a reasonable strategy in the current market environment, especially when the trend...
Analysis of gold price trend next week Next week's Fed meeting will be a key node, and the market will pay close attention to its policy signals. Analysis of gold trend: Weekly level: Gold has risen for two consecutive weeks, and the bullish trend has not changed. 1-hour level: As long as the gold price remains above 2968, bulls still have the upper hand. Key...
Gold 3000 finally arrived There is still room above 3000. Don't chase too hard if you don't see the waterfall. After gold broke through the new high, the daily line closed with a big bald positive line, showing a strong bullish momentum. The previous sideways consolidation provided sufficient power for the bulls, and the closing at a high level at the end of...