Gold continued to show a volatile downward trend today, continuing to fall after breaking through the previous high-level support on the 4-hour chart. The K-line is basically close to the short-term moving average, showing a relatively obvious downward trend of shock. There is almost no sign of a strong rebound during the session, and there is no signal of a...
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Gold did not...
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Yesterday,...
From a technical analysis, the daily chart of gold showed a strong performance Thursday, closing as a big positive line and directly breaking through the middle track of the Bollinger Bands. Under a bullish trend, the market turns from weak to strong. The next step of focus will be the high point of the daily Bollinger Band track, which is expected to be located...
Gold has been going back and forth recently, with short-term gains reaching a high of 2321 and then falling rapidly. Its trend is still unable to escape the shock pattern, and it is expected to continue to maintain this trend pattern today!. On the daily chart, gold prices continue to fluctuate, with the current price range roughly fluctuating between 2280 and...
Gold showed weakness immediately after the opening yesterday. Although the European market rebounded slightly, the US market once again shot up to around 2323 and then began to fall back to around 2307. Although there is another upward move this morning, bears are still expected to fall. Considering that the overall trend in the early stage is weak, the morning...