Trade conflicts and Trump's remarks, if they continue to stimulate the Fed to cut interest rates, will greatly increase the probability of gold rising. So for next week's operation, it is recommended to focus on long positions on pullbacks. As for the entry point, the first one is 3310. This is a step support level for high-level pullbacks and a retracement point...
As the market will be closed tomorrow for Easter, gold is destined not to rise like yesterday, but will enter a period of shock correction. The price fell from 3357 to 3320 in the morning, reaching 37 US dollars. In the afternoon, we should focus on the pressure at 3342 and try to participate in the short position to see the decline. The strong pressure is at the...
In the short term, if the price goes up, the support level of 3278 will continue to rise. If the market goes up in the morning and continues to rise, there will be a second pull-up. At this time, is treated as a trap to lure the market into the market. The first support below is 3292-3288, which is the support near the 10-day moving average and the low point of...
At the hourly gold line level, there were some negative news over the weekend. Today's opening gapped down to 3209, which was also the starting point of last Friday. Since the previous period was a strong trend, it is easy to fill the gap if it opens low first. It can continue to test the key channel upper track in the chart. Finally, it is in line with the...
The gold 4-hour chart entered a partial correction after a wave of consecutive rises. At present, the support of the broken high point is near 3167. The volatility base is large. It is still in a partial correction in the bullish trend. It has not turned downward, but has slowed down slightly in the short term. The Asian session bottomed out and rebounded to...
