Analysis of the latest trend of gold market:

昨天

Analysis of gold news: Spot gold rebounded slightly during the U.S. trading session on Thursday (January 16). The price of gold fell nearly $30 from the one-month high hit last Friday on Monday. The lowest intraday price hit $2,656.73/ounce and closed at $2,662.83/ounce. Last week's strong employment report consolidated the Fed's expectations of cautious interest rate cuts this year. The U.S. dollar rose sharply to the highest level in more than two years, and the U.S. Treasury yield hit a high of more than eight months, which blocked the gold price at the 2,700 mark. In addition, the breakthrough in the Gaza ceasefire mediation also suppressed the safe-haven demand for gold. The U.S. employment report released last Friday highlighted the strong momentum of the economy and made the outlook of the Federal Reserve unclear. The U.S. dollar index rose to 110.17, the highest since November 2022, during trading on Monday, but gave up its gains in late trading, and reported a weekly report of 109.59, a drop of about 0.05%. Trump will be sworn in as the President of the United States next week. The tariffs and protectionist policies he proposed are expected to stimulate inflation and may trigger a trade war, thereby increasing the appeal of gold as a safe-haven asset. People familiar with the matter revealed that the economic team of US President-elect Donald Trump is discussing slowly raising tariffs month by month to increase bargaining chips in a step-by-step manner while trying to avoid a surge in inflation. This has slightly cooled the market's concerns. The US December PPI data will be released this trading day, and several Federal Reserve officials will give speeches. Investors need to pay attention to them. In addition, investors need to pay attention to news related to the geopolitical situation.

Gold technical analysis: Gold's two consecutive positive daily lines have recovered the previous decline. It has re-touched the 2700 integer mark and closed at a high level at the end of the trading day. The probability of breaking today has increased. At present, the daily line structure has driven the moving average indicator to turn upward to form support, and the daily line structure has begun to change to a bullish upward trend. The daily line closed positive, and there is still a high point today. The daily support is near 2678, if it reaches it, you can go long. The Asian early trading session pulled back to 2692 and opened higher, proving that the market is still very strong. The current price of gold is close to resistance at 2719, so we will not chase it. If there is a signal above 2719, we can consider going short first. There is nothing to analyze today. Gold is bullish but cannot chase the rise.

In the bullish rising channel of the 4-hour chart of gold, the step-up rising channel is formed based on the low point of 2655. If the low point is not broken, the bulls will not change, although the process is slow. But the overall situation remains in a fluctuating rise. The 1-hour moving average of gold has entered the golden cross upward pattern again. The gold price has moved sideways and upward in the Asian session at 2685. The basic idea and direction are the same as those on Wednesday. As long as the decline stabilizes, we can continue to look at the bullish market. The market will break through 2720 points and form a new high. On the whole, our senior professional gold analyst team recommends that the short-term operation of gold today is mainly long on the pullback, supplemented by short on the rebound. The short-term focus on the upper side is 2726-2731 resistance, and the short-term focus on the lower side is 2700-2695 support.

13小时前

交易开始

Gold continued its bullish upward trend yesterday, reaching a high of around 2724, and also reached the area around the previous secondary high point of 2720-25. This position is also the position of the important suppression point of this upward movement. Yesterday, the technical side of gold slightly retreated in the early Asian session and stabilized at the 2690 mark, ushering in a strong upward break of the bulls. The European session broke through and stood on the 2710 mark and continued to strengthen. The US session accelerated to reach the 2724 line and fell back to close strongly. The daily K-line closed with a shock break of the high-middle Yang. The overall gold price continued to rise strongly and break the high.

Today, the support below continues to focus on the 2695 line. If the intraday retracement relies on this position, the main bullish trend remains unchanged. The short-term bullish strong dividing line moves up to the 2670 mark. The daily level stabilizes above this position and continues to maintain the low-long rhythm of the trend. Be cautious in participating in the short position against the trend.

Gold operation strategy:

1. When gold retracements to the 2695 line, go long with a light position. When it retracements to the 2682-2685 line, add more positions. Stop loss 2673, target 2718-2720 line;

2. When gold rebounds to the 2720-2725 line, go short with a light position, stop loss 2729, target 2690-2685 line, break to see 2670-2675 line;

3小时前

交易结束：到达目标

Gold has hit a low of around 2702 in the U.S. market. The adjustment for gold's decline has basically been in place. The market outlook will also start a new round of rebound here. The operation layout is still to step back and continue to go long, and the target level will continue Look at the 2720-26 line! Gold continued the upward trend of the bulls yesterday, reaching a maximum of around 2724, and once again reached the area near the previous sub-high point of 2720-25. This position is also an important suppression point for this upward move. The daily K-line closed The shock broke through the high Yang, and the overall gold price continued the strong rise of the bulls and broke through the high.

Judging from the 4-hour analysis chart, the support below continues to focus on the 2690-2698 line. If you step back and rely on this position, you will continue to be long and follow the trend. The bullish trend remains unchanged. The short-term bullish strong dividing line moves to the 2670 mark. Day The line level has stabilized. Above this position, continue to maintain the rhythm of going long at low levels with the trend. Keep the main tone of the trend unchanged. Follow the orders cautiously at the mid-point.

Gold operation strategy:

1. Go long if gold falls back on the 2693-2698 line, cover long positions if it falls back on the 2682-2685 line, stop loss at 2673, and target the 2718-2720 line;

2. When gold rebounds, sell short at the 2720-2725 line, stop loss at 2733, target the 2690-2685 line, and look at the 2670-2675 line if the position is broken;