


Core driving factors Surge in safe-haven demand The continued escalation of the conflict between Russia and Ukraine and the situation in the Middle East has driven funds to flow into gold for safe-haven, with an intraday increase of 2.27% (over $80), reaching a high of $3,328. Policy uncertainties such as the 100% tariff imposed by the United States on imported...
Core logic analysis Impact of non-farm data: The 177,000 new jobs in April exceeded expectations, but the downward revision of historical data (revised from 228,000 to 185,000 in March) weakened the absolute positive of the data, showing that the resilience of the labor market contains implicit fluctuations. The slowdown in hourly wage growth (0.2% lower than...
Key technical signal confirmation Trend break: 4-hour chart confirms breaking below the bottom of the 3270-3260 box, 1-hour moving average dead cross (such as MA5 crossing MA20), short momentum increases. Resistance conversion: The previous support 3260-3270 (trading concentration area) turns into strong resistance, and a rebound to this point can be regarded...
Summary of Gold 4-hour Chart Trading Strategy (Oscillating Convergence Phase) Key Patterns and Trends Technical Patterns: Bollinger Bands close, price fluctuation range shrinks (3275-3340). Potential Convergence Triangle: Highs move down, lows move up, waiting for the direction of breakthrough. Current range: 3275 (support) - 3340 (resistance), short-term...
1. News analysis: Bullish and bearish factors are intertwined, gold is under pressure but safe-haven support is still there The strengthening of the US dollar suppresses gold prices Trade optimism boosts the US dollar: The progress of negotiations between the United States and major trading partners (such as China and India) has eased market concerns about...
1. Current market structure: wide range of fluctuations, direction to be broken Key range: 3260-3338 (recently tested the upper and lower edges many times, no effective breakthrough). Fierce long-short game: 3260-3270 (multiple bottoming rebounds, strong support area). 3336-3340 (recent high resistance, breakthrough opens up the upward space). 3370 (mid-term...
Core Viewpoint: The gold market has entered a key long-short contention area after a sharp correction. The short-term trend will depend on the breakthrough direction of the 3260-3370 range. Investors are advised to adopt a range trading strategy and focus on the breakthrough of key support and resistance levels. 1. Key fundamental factors Negative factors: The...