The latest technical analysis strategy for gold on May 22:

5月21日

1. Current market dynamics
Price trend: Gold broke through the key psychological level of $3,300, and bulls dominated in the short term, but we need to pay attention to the strong resistance test of $3,370.

Key support/resistance:

Support level: 3295-3285 (short-term), 3273 (bullish strength and weakness boundary), 3253-3150 (medium-term strong support).

Resistance level: 3330-3340 (short-term), 3370 (see 3400 after breaking through).

2. Technical indicator analysis

(1) 4-hour chart - bulls dominate, but be wary of short-term corrections
Bollinger Bands: Opening upward, prices are running near the upper track, overbought in the short term, and may fall back to the middle track (near 3270).

Moving average system: MA5/MA10 golden cross, bullish arrangement, supporting price upward.

MACD: Golden cross and energy column is strengthened, but if there is a top divergence, it may trigger a pullback.

(2) Hourly chart - Pay attention to the rising trend line support
The rising trend line (3120-3155-3206 connection) is currently at 3270-3280. If it does not break after a retracement, it is still a long opportunity.

Weakened momentum: Compared with yesterday's unilateral rise, the current trend shows "one rise and three returns", and we need to be vigilant about short-term adjustments.

3. Today's trading strategy
✅ Main strategy: Buy low and go long (key support level layout)

Ideal long area: 3285-3273 (retracement trend line + previous top and bottom conversion support).

Stop loss: below 3250 (if it falls below, the trend may weaken).

Target: 3325→3347→3370 (look at 3400 after breaking through).

⚠️ Secondary strategy: short selling (only for testing positions at key resistance levels)

Short selling conditions: the price quickly rises to 3330-3340 and there are stagflation signals (such as long upper shadows, MACD top divergence).

Stop loss: above 3350.

Target: 3300-3285 (quick in and quick out).

4. Key risk reminder
Upward risk: If geopolitical conflicts escalate or expectations of a Fed rate cut increase, it may directly impact 3370-3400.

Downward risk: If it falls below 3250, it may trigger a deeper correction, and you need to be alert to trend reversals.

Summary
Short-term traders: Pay attention to the 3285-3273 support and go long, stop loss 3250, target 3325-3347.

Band traders: If it breaks through 3370, you can increase your position and look to 3400; if it falls below 3250, you need to re-evaluate the trend.

Operate with caution: Avoid blindly chasing long positions at 3330-3340, and wait for confirmation of a pullback or breakthrough.

5月22日

交易進行

Analysis of the latest gold trend :

1. Current market environment
Fundamental support factors:
Expectations of a rate cut by the Federal Reserve (the market is still betting on a rate cut this year, which is good for gold).
Weak US dollar (limited rebound in the US dollar index, downward pressure on gold is controllable).
Geopolitical risks (uncertainty in the Middle East, safe-haven demand supports gold prices).
Fiscal deficit concerns (US debt problems are long-term positive for gold).

Potential bearish risks:
Strong US economic data (if employment and inflation data exceed expectations, it may weaken expectations of rate cuts).
Easing of geopolitical situation (if the conflict cools down, risk aversion will fall).

2. Key technical analysis
(1) 4-hour chart
Key support: 3280 (50% Fibonacci retracement level), 3275 (trend support).
Key resistance: 3320 (618 retracement level + mid-track pressure), 3345 (previous high).
Trend judgment:
If the closing price on Thursday stabilizes at 3280, it is still expected to bottom out and rebound, with a target of 3320→3350.
If it falls below 3275 on Thursday, it may further pull back to 3250.

(2) 1-hour chart
Short-term support: 3280 (66-day moving average), 3275 (key long defense position).
Short-term resistance: 3320 (middle track breakthrough point), 3345 (previous high).
Short-term strategy:
Long on pullback (3280-3275 area), stop loss 3265, target 3320→3350.
Short-term short on rebound (first touch 3350-3360 without breaking), stop loss 3370, target 3320-3310.

3. Today's operation suggestions
(1) Main strategy: Long on pullback
Entry point: 3280-3275 (strong support area).
Stop loss: 3265 (to prevent false breakout).
Target: 3320 (after a breakout, look at 3350-3360).

(2) Secondary strategy: short-selling on rebound (auxiliary)
Entry point: 3350-3360 (previous high pressure zone).
Stop loss: above 3370.
Target: 3320-3310 (quick in and quick out).

4. Key observation points
If it stands at 3320: a new round of rise may begin, with a target of 3350→3360.
If it falls below 3275: be alert to further correction to 3250, and adjust the strategy.
Influence of US market data: pay attention to the trend of the US dollar and sudden news (such as geopolitical situation).

Summary
Short-term trend: more volatility, 3280 is the key support, and bullish if it holds.
Trading strategy: mainly low-long (near 3280), supplemented by high-short (above 3350).
Risk control: strictly stop loss to prevent sudden market reversals.