Full-time-Analyst

Full-time-Analyst Updated 

As tensions in the Middle East continue to escalate, the gold market has once again become the focus of investors' attention. Against this background, the spot gold price performed strongly in the early trading session of the European market on Monday (August 12), successfully breaking through the US$2,440/ounce mark, and is currently stable at around...

Full-time-Analyst Updated 

The weekly low is around 2384 to 2370. Although the gold price has rebounded, the trend is obviously biased towards the short side, so the second half of the week is still dominated by short selling. Now from the hourly level, after the gold price fell sharply below 2384, this position turned from support to short-term suppression, followed by the 2400 mark. These...

Full-time-Analyst Updated 

Gold is currently falling continuously on the daily trend, and the K-line has begun to gradually break the short-term moving average, showing signs of gradually weakening on the daily trend. On the 4-hour level, after continuous adjustments, the technical pattern has begun to gradually adjust, and the K-line has begun to slowly stand on the short-term moving...

Full-time-Analyst Updated 

Technical analysis of gold: The trend of gold is the same as expected. The weak market can't even reach 2420. We enter the market with short orders at 2418! However, the price of gold is still running above the daily trend line. When the price falls below the daily trend line, the space below will be truly opened. It is also the time when the shorts are the...

Full-time-Analyst Updated 

Technical analysis of gold: From the current market, the bearish trend of the daily chart has not changed. Now it is a four-hour rebound. After the four-hour recovery of the lower line, the price has been moving up along the guide line. Now the price has entered the closing stage. The daily line closed with a big positive line, and the weekly line closed in a...

Full-time-Analyst Updated 

Technical analysis of gold: The price of gold retreated yesterday and touched a low of $2,369, and finally closed at $2,383. The daily line recorded a small Yin cross star, and the price was running between the short-term and long-term moving averages. The Bollinger Bands were not completely closed, and the MACD double-line dead cross diverged downward, but the...

Full-time-Analyst Updated 

Technical analysis of gold: The trend of gold fluctuates during the day, but the overall bearish trend remains unchanged. We also emphasize the direction of gold layout, and the bears that continue to be optimistic during the day also fall as expected in the US market. The short orders arranged at the 2370 line fell to 2354 to stop profit and exit, and a...

Full-time-Analyst Updated 

On Thursday, we directly openly look weak during the day and arrange short orders at the current price at 2473, clearly emphasizing that it is going to 2400. It is not that the target is big, but the price is indeed moving so fast in the optimistic direction. The current price has fallen by nearly 50 US dollars, completing more than half of the expected decline,...

Full-time-Analyst Updated 

The significant improvement after yesterday's sharp rise lays a solid foundation for a positive weekly turn this week. Our previously set target of $2428-2430 has been successfully reached this morning, showing the strength of the bulls in the market. Currently, the lower support has moved up to around $2,408, and further important support is located at the $2,400...