XAUUSD: 4H Trend Analysis

11 déc. 2024

✅The long-term trend of gold is bullish, the medium-term trend is unclear, and the short-term trend is bullish. According to the Ichimoku Kinko Hyo, the gold price continued to break through 2676 in the 4-hour period, and rose steadily based on the top and bottom conversion positions. The short-term trend of gold tends to rise.

✅The overall fundamental news is mixed, but the positive factors are stronger than the negative factors. Choose to enter the market and go long at 2675-2680 during the day, and continue to look at the target of 2700-2720. Be sure to control your position and set a stop loss

11 déc. 2024

Transaction en cours

Today, the focus is on the release of US CPI data, which may lead to intensified short-term fluctuations in gold prices. In the case of negative CPI data, special attention should be paid to the effectiveness of the 2675 support level. Once the support is lost, the market may return to a volatile market; if it is good for gold, we need to observe whether it can effectively break through the 2715-2720 resistance area and stabilize. It is recommended to remain flexible in operation, be cautious in chasing the rise, and wait for the opportunity to buy more after adjustment.