Gold news dominates the bull market, and technical correction ne

Gold news dominates the bull market, and technical correction needs emerge
Yesterday's market review: News stimulus drives gold to rise strongly
The gold market is driven by multiple positive factors and continues to rise strongly:
Trump's policy remarks boost risk aversion: The market's expectations of "imposing 100% tariffs on foreign films" have increased, and the geopolitical situation (Gaza war, Houthi armed harassment) has intensified risk aversion.

Key technical breakthroughs: Gold fluctuated above the 3240 support in the Asian session, and broke through the 3270-75 key level suppression (long-short dividing point in the long cycle) in the European session, confirming the bullish momentum, and the US session continued to rise to 3328. After a slight correction in the late session, it again probed 3338 and closed the day with a big positive.

Key points:
The technical buying was triggered after the 3270-75 break, and the market sentiment was strong. The US session's retracement was weak, and the high-level sideways trading showed that the bulls still dominated.

Current technical analysis: The bullish trend continues, but we need to be alert to the risk of correction
1. Daily structure: strong rise, support moves up
Moving average system: 5-day moving average (3285) and 10-day moving average (3305) constitute short-term support. If they fall back and stabilize, they can be regarded as long entry opportunities.
Suppression area: 3340-45 is the first resistance during the day, and it is expected to challenge 3360 (large cycle trend pressure) after breaking through.
Risk signal: If the daily line closes negative or falls below the 5-day moving average, a technical correction may be initiated.

2. Short-term trading logic: Pay attention to the 3325 long-short watershed
Long defensive position: 3325 (yesterday's US low point). If the white market stabilizes above this position, the low-long strategy can be continued, with a target of 3340-3360.
Risk of breakout: If it breaks below 3320, the short-term bullish momentum will be exhausted, and it may fall back to 3305-3300 (10-day moving average and psychological barrier), or even adjust further to 3285 (5-day moving average).

Operation strategy: Two-way layout under the game of news and technical aspects
Radical bullish conditions:

Entry point: 3325-3330 after stabilization, light position long, stop loss below 3320, target 3345-3360.
Conservative strategy: If it falls back to the 3305-3300 area and a stop loss signal appears (such as a K-line reversal pattern), arrange a medium-term long order.

Opportunity to short on pullback:

Trigger condition: After breaking below 3320, the rebound is under pressure, and you can short to 3305-3300, stop loss 3335.
Big cycle correction: If the daily line closes below 3285, it will confirm the technical correction, and the short target is 3250-3230.

Tracking of core influencing factors
Geopolitical risks: The situation in the Middle East and Trump's policy trends are still catalysts for short-term fluctuations.
Market sentiment switching: If risk aversion cools down, gold may quickly give up its gains.
Dollar linkage: Pay attention to the impact of US economic data and speeches by Fed officials on the US dollar index.

Summary
Gold is currently in a strong phase driven by news, but the technical side has shown signs of overbought, and we need to be vigilant about profit-taking at high levels. Intraday trading uses 3320 as the boundary between long and short, with more above and a break below to turn into a shock correction. Investors need to flexibly respond to the game between policy and technology and strictly control risks.

Key points:

Support: 3325→3305→3285
Resistance: 3345→3360→3380