Investors continue to be uneasy about the predicament of the First Republic Bank of the United States and worry that U.S. economic growth is likely to unexpectedly shift to the lower gear. Overnight, U.S. stocks fell to a new low in nearly four weeks, and Asian stock markets followed suit on Thursday, providing support for gold prices. Support.
It rose slightly during the day, trading near the 2000 integer mark, and there was a certain decline in the impact of the data, but there were signs of stopping the decline.
Daily level: High volatility; after the high gold price “swallowed” the bearish signal, the gold price fluctuated for nine consecutive trading days, in the range of 1969.14-2009.26, and has been closing above the 1980 mark, suggesting that the support for buying on dips below is strong, and the low point of the past five trading days has gradually moved up. KDJ re-formed a gold fork, and the possibility of gold prices regaining their upward trend in the future has increased. The initial resistance refers to the position near the overnight high of 2009.23, and the resistance of the high point on April 17 is in 2014. Near .96, if the resistance can be broken, it will increase the bullish signal in the future; further resistance refers to the 2020 mark and the high of April 5 near 2031.97, the latter is also the resistance of the Bollinger band. If it can be broken further, it is expected to open a new upward channel.Since the MACD dead fork signal is still there, the gold price surged and fell overnight. It is still necessary to beware of the downside risk of gold price volatility. The initial support is near the intraday low of 1989.93, and then the 1980 mark. The low on April 19 is supported near 1969.14. If this support is broken, the bearish signal in the future will be increased, and further support refers to the 1960 mark and the low of March 27 near 1943.93.
Short-term operation recommendations: Conservative people wait and see; radical people go long cautiously on dips.
The free communication channel has been opened, if you have anything unclear, you can enter
It rose slightly during the day, trading near the 2000 integer mark, and there was a certain decline in the impact of the data, but there were signs of stopping the decline.
Daily level: High volatility; after the high gold price “swallowed” the bearish signal, the gold price fluctuated for nine consecutive trading days, in the range of 1969.14-2009.26, and has been closing above the 1980 mark, suggesting that the support for buying on dips below is strong, and the low point of the past five trading days has gradually moved up. KDJ re-formed a gold fork, and the possibility of gold prices regaining their upward trend in the future has increased. The initial resistance refers to the position near the overnight high of 2009.23, and the resistance of the high point on April 17 is in 2014. Near .96, if the resistance can be broken, it will increase the bullish signal in the future; further resistance refers to the 2020 mark and the high of April 5 near 2031.97, the latter is also the resistance of the Bollinger band. If it can be broken further, it is expected to open a new upward channel.Since the MACD dead fork signal is still there, the gold price surged and fell overnight. It is still necessary to beware of the downside risk of gold price volatility. The initial support is near the intraday low of 1989.93, and then the 1980 mark. The low on April 19 is supported near 1969.14. If this support is broken, the bearish signal in the future will be increased, and further support refers to the 1960 mark and the low of March 27 near 1943.93.
Short-term operation recommendations: Conservative people wait and see; radical people go long cautiously on dips.
The free communication channel has been opened, if you have anything unclear, you can enter
Comment:
The support line given is not broken, you can buy it up
Comment:
1977 Continue to consider going up
Trade active:
Continue to consider going up
Trade active
Trade active
Trade active
