From the current 4-hour analysis of gold, we first look at the short-term pressure of 2958-2960 on the top, focus on the pressure position of 2978-2980, and pay attention to the support of 2918-2925 on the bottom. Be cautious about chasing more at high levels. I will remind you of the specific operation strategy during the trading session, so please pay attention...
Technical analysis of gold: The strong upward trend has not stopped, and the gold price has hit a new high during the day. The continuous new highs of gold also confirm the energy and market trend of the bulls, but we have also made it clear that even if the market is very strong, it is not recommended to chase more. The more it falls back, the probability of...
Gold prices have continued to rise this year due to risk aversion, and accelerated after stabilizing 2790 parallel attack and defense; after selling 2877 at the end of last week, it did not continue to rise directly at the beginning of the week, and rose to 2947 yesterday, and then fell back to 2918 and broke through to 2955 again during the day;
The 4H chart...
From the current 4-hour trend, the support below is around 2918-2920, with a focus on the support line of 2908-2911. The short-term pressure above is around 2947-50, with a focus on the suppression line of 2958-60. The overall rhythm of high-altitude low-multiple cycles remains unchanged based on this range. In the middle position, watch more and do less, be...
