$Gold - main 2604(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Analysis: Gold remains generally biased towards an upward trend. The 100-day Simple Moving Average (SMA) at $4577 forms a key support level; short-term support lies around $4633. A decisive break below this level could open the door for a test of $4200. The Relative Strength Index (RSI) shows a clear increase in selling momentum, potentially indicating further downside for gold. If gold closes below the 100-day moving average on the daily chart, watch for a test of $4500. A break below this level would target the February 2nd low of $4402, followed by $4200. Further downside would see the 200-day moving average at $4060/oz. Conversely, if gold

$Gold - main 2604(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold Trading Analysis: Short-term focus on the 4967 double bottom support; a break below could lead to further declines. Gold's short-term trend has clearly weakened. The daily chart shows that gold prices briefly fell below the key psychological level of $5000 and are currently hovering around this level. Simultaneously, gold prices are trading below major short-term moving averages, and momentum indicators are showing signs of decline, indicating that short-term bears still dominate. The first important support level for gold prices is currently around $4967, which is also the area where Monday's intraday low w

Hello everyone! Today i want to share some macro analysis with you! 1. $Gold - main 2604(GCmain)$ Gold prices have recently shown a somewhat volatile and weakening trend, especially against the backdrop of a sharp rise in oil prices, leading to a tug-of-war between bulls and bears in the gold market. The dramatic fluctuations in oil prices have also caused the US dollar and US Treasury yields to rise in tandem, becoming one of the main factors suppressing gold prices. Nevertheless, due to geopolitical tensions in the Middle East, demand for gold as a safe-haven asset remains, supporting some of the upward momentum in gold prices. Market focus is gradually shifting to oil price trends and the evolution of the Middle East situation, and gold pri

$Gold - main 2604(GCmain)$ Technical Analysis: Gold prices have shown signs of consolidation after recent gains. The daily chart shows that gold prices previously tested historical highs but have experienced a short-term technical pullback. Key Technical Levels: First Support: $5000 Second Support: $4950 Resistance: $5100 Strong Resistance: $5200 The 4-hour chart shows weakening short-term momentum, with the RSI indicator falling from overbought territory, suggesting the market may be entering a period of consolidation. If gold prices can hold the $5000 level, the medium-term upward trend is likely to continue. Editor's Summary: The gold market is currently in a phase of intertwined factors. On one hand, escalating tensions in the Middle East

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2604(GCmain)$ Technical analysis suggests gold prices are slightly weak in the short term, with key support at $5100. Gold remains in a consolidation phase in the short term. XAU/USD has retreated from the upper Bollinger Band on the 4-hour chart and is currently fluctuating below the middle band, showing an overall neutral to slightly bearish pattern. However, downside potential has temporarily found support. Gold prices previously found support at the lower Bollinger Band near $5057, easing the short-term decline. In terms of technical indicators, the 14-period Relative Strength Index (RSI) has stabilized after approaching oversold territory, but remains

Hello everyone! Today i want to share some macro analysis with you! 1. Technical Analysis: $Gold - main 2604(GCmain)$ After a brief test of the $5,000 level, the technical outlook for gold prices still supports further gains. While the Relative Strength Index (RSI) has declined slightly, it remains in bullish territory, indicating that buyers are in control. However, in the short term, gold prices may consolidate in the $5,100-$5,250 range, awaiting a new catalyst. Conversely, if gold prices continue to fall below $5,000, the first support level is at $4,950, followed by the cycle low of $4,841 from February 17th. If gold prices weaken further, the next target will be the 50-day moving average at $4,810. The short-term strategy remains buy-ori

Hello everyone! Today i want to share some macro analysis with you! 1. $Gold - main 2604(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold prices rose immediately after opening on Monday, successfully breaking through the resistance level of $5119-20! The next test will be the psychological level of $5200. This week, gold prices are expected to challenge $5450; the medium-term trading strategy should focus on buy orders! Image For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stoc

Technical Analysis: Gold has firmly held above the key short-term support level of $5002.31, indicating a bullish near-term bias. It is poised to challenge the recent high of $5119.35 and the Fibonacci resistance at $5143.89. A break above $5143.89 could trigger an accelerated upward move. Should the $5002.31 support level be breached, gold faces downside risks. Key support levels below are $4760.87 and $4744.34, with the 50-day moving average at $4705.42 also serving as a crucial support. This level typically attracts medium-to-long-term buying interest! Gold is expected to maintain its upward trend at Monday's opening. Trading should focus on buy orders! Strategy: If prices open higher and break through $5119-$5120, enter a Buy position with the trend! For short-term pullbacks, consider

$Gold - main 2604(GCmain)$prices surged on Friday (February 20) during the US trading session, supported by weaker-than-expected US Q4 GDP data and fueled by market uncertainty surrounding medium- to long-term trade policy following the US Supreme Court's rejection of the Trump administration's comprehensive tariff plan. Gold closed up 2.24% at $5107.75. The Supreme Court's rejection of the tariff policy provided the core support for trade policy uncertainty. The US Supreme Court ruled that the Trump administration's comprehensive global tariff measures under the International Emergency Economic Powers Act lacked legal authorization, rejecting this highly controversial use of presidential power. This ruling directly impacts the global trade la

Hello everyone! Today i want to share some macro analysis with you! 1. $Gold - main 2604(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ The 4850 level has been successfully broken, in line with expectations. It will likely test the previous low near 4830 before the close! Gold is expected to continue consolidating and correcting, and the 4800 level is unlikely to hold in the short term! Image Image For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibi

Hello everyone! Today i want to share some macro analysis with you! 1. Gold prices fell sharply during the Asian session on Tuesday (February 17), breaking below $4,900 and currently trading around $4,900 per ounce. The sharp decline was attributed to the closure of US markets on Monday for Presidents' Day and the Chinese New Year holiday, resulting in thin trading liquidity. 2. $XAU/USD(XAUUSD.FOREX)$ Technical Analysis: After experiencing significant volatility, gold prices have entered a high-level consolidation phase. The key psychological support level of $5000 has been broken, and prices are currently fluctuating between $4950 and $5000. Short-term moving averages have turned upwards again, indicating a recovery in the momentum of th

Hello everyone! Today i want to share some macro analysis with you! 1. $Gold - main 2604(GCmain)$ Technical Analysis: The $5000 level has become the first resistance zone for a short-term rebound. If the rebound is limited and fails to hold, the downtrend will be difficult to reverse. Further key resistance lies around $5020; only a recapture of this level can allow the market to resume its upward trend. Momentum indicators show the daily RSI has rapidly fallen below 50, indicating a significant weakening of bullish momentum. The MACD histogram is also contracting and showing signs of a death cross, reinforcing the short-term pullback signal. Increased trading volume suggests that this decline has a certain degree of emotional release rather t

Hello everyone! Today i want to share some macro analysis with you! $USD Index(USDindex.FOREX)$ The US dollar index (DXY) continued its decline, with the intraday drop widening to 0.7%. The euro/dollar pair (EUR/USD) broke through 1.19, reaching a new high since January 30th, rising 0.74% intraday. The dollar/yen pair (USD/JPY) fell below 156, declining 0.78% intraday. Follow me to learn more about analysis!!