


Key range of gold price: 3290--3360 The sharp decline for two consecutive days confirmed the effectiveness of the support of the No. 2 midline. As shown in the figure: We reclassified and classified all the shock structures and used 123456 to represent all the pattern combinations. In the end, the support effectiveness near 3290 was accurately judged. We also need...
Gold operating range oscillation: 3360-3400 Current market dynamics: Geopolitical risks subsided, and the Asian market implemented the policy of reducing reserve requirements and interest rates: gold prices fell sharply by $70 to 3360 during the day. Risk of the Fed's decision: The interest rate decision in the early morning is the core variable. No interest rate...
Gold needs to be wary of resistance near $3,420 Today, gold broke through the shock range strongly, quickly rose from $3,330 to $3,386, and then fell back to around $3,350. The first buying and chasing point will be formed near the 3,350 point we mentioned yesterday. European session: The price climbed to $3385 again, failing to break through the previous high...
Today’s gold price: go long on dips The price of gold has risen sharply today, with the current price at 3320. Obviously, the strong gains during the European and American sessions did not give the opportunity to go long at the bottom during the Asian session. Remember the plunge in the Asian market before the May Day holiday? When Asian markets open tomorrow...
Key pressure point of gold price on Monday: 3275 1: Falling below 3275, overall bearish + shock range (3220-3260) 2: Gold price still has room to fall, technical aspect: 3220-3200-3170-3100 3: Gold price may enter a wide range of shocks, shock range: 3200-3360 Therefore, our strategy is: 1: When the gold price breaks through the 3200 mark, we go long on gold...
Latest gold price range: 3230-3270 Important news: The non-farm payrolls data released on Friday was strong: the next rate cut by the Fed may have to wait until July at least. If the employment data is strong again in the future, the timing of the rate cut may be further delayed. After the release of the non-farm data last night, the gold price fell as...
New gold price range: 3170-3260 As shown in the figure: The downward trend is obvious, and there is still room below As the Asian market plummeted after the holiday, the US market was unable to pull up, and it continued to fall today, completely breaking through the range. The new range is 3170-3260 Technical analysis: 1: As long as the gold price is below 3260,...
Today's gold price focuses on support level: 3260 Affected by the Asian market closure, today's gold price broke through the triangle convergence oscillation structure and returned to wide range oscillation. Next, focus on testing 3260. Once the support level is broken, the gold price is likely to have a directional breakthrough again near 3245. This is the best...
Gold price range oscillates (3260-3360) As shown in Figure 4h: Strong pressure zone: around 3360 Strong support: around 3260 Regional midline: ray 3 Regional support line: ray 2 Bull-bear watershed: 3330-3340 Next week, both long and short strategies have opportunities Short strategy: Continue to bearish gold price below 3340, short at high point, stop loss...
Gold analysis today 4.24: The core factors that currently affect the trend of gold Short-term disturbance of Trump's remarks: Trump's easing of his attitude towards tariffs and the Federal Reserve (such as considering reducing tariffs on China and not firing Powell for the time being) weakened risk aversion, leading to a short-term sell-off of gold. However,...
Gold price retracement, target 3250? As shown in the figure: Gold price plummeted as expected. Although our short position failed to make a profit, we successfully avoided the risk of liquidation. The increase in half a month reached an astonishing 500 points, and it fell back by nearly 200 points in less than two days. However, from the overall structure, it is...
Will the price of gold collapse today? No When an avalanche occurs, no snowflake is innocent When gold falls, no long player is innocent As shown in the four-hour cycle: In order to make everyone feel the changes in trends and emotions more intuitively, I have drawn almost all the center dividing lines. The current gold price is approaching $3,500, The trend...
Analysis of the latest trend of the gold market: Gold news analysis: Affected by the Easter holiday, the market atmosphere is cautious. The main topics affecting the market include tariff uncertainty, the progress of negotiations between the United States and its trading partners, and the conversations of major central bank officials. Gold technical analysis:...
The gold price target on Monday continued to be 3400. As Friday was a Jesus holiday, the international gold market was closed yesterday. In the early hours of Thursday, Fed Chairman Powell released a signal of "maintaining interest rates unchanged" at the monetary policy meeting, triggering short-term fluctuations in the gold market. After hitting a new high of...
Today's gold price target is 3400 In any case, you can only face your own trading plan with a bullish mentality. I tend to continue to chase more around 3300-3305. Gold prices finally started to rise from last Friday to Tuesday this week, but they have risen by 100 points and the pace of increase has not stopped. Still strong and volatile at high levels, it...
Waiting for the gold price to test 3300 At present, the gold price has accelerated to a new high of 3300 points. As shown in the figure. Through the four-hour cycle, the following conclusions can be drawn: 1: The gold price has completely lost control and is in an accelerated rise stage. 2: The next target is 3400 points. Since the V-shaped reversal has been...