Technically, after the strong rise in the morning session at the 4-hour level, try not to chase highs. The intraday short-term support points of 3400 and 3393 will become the key support for testing long positions. If the European session is strong, 3420 cannot be lost. If it falls back and loses, it will move closer to the top and bottom conversion position of 3402. Pay attention to the weakening of the upward momentum when going long later. If the European session continues to break the high of 3440, the US session can be seen around 3468-3493. If the upward momentum of the European session weakens, you need to pay attention to the short-term counterattack and straight decline.
From the 4-hour analysis, gold prices rose and broke through the 3400 mark to further continue their strength. The short-term support below is 3403-08. The key support is near the recent top and bottom conversion level of 3375-80. If it falls back to this position during the day, the main bullish trend will continue. The short-term bullish dividing line has moved up to the 3335-50 mark. If the daily level stabilizes above this position, continue to maintain a low-long trend. Be cautious with short orders against the trend.
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GOLD
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From the 4-hour analysis, gold prices rose and broke through the 3400 mark to further continue their strength. The short-term support below is 3403-08. The key support is near the recent top and bottom conversion level of 3375-80. If it falls back to this position during the day, the main bullish trend will continue. The short-term bullish dividing line has moved up to the 3335-50 mark. If the daily level stabilizes above this position, continue to maintain a low-long trend. Be cautious with short orders against the trend.
註釋
Gold retreats from highs and accurately touches support level註釋
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