Big Yellow's Outlook for Next Week: Gold Bulls Break Through Strongly, Key Decision to Come Next Week
This week, spot gold has shown a deep V reversal trend. At the beginning of the week, it was suppressed by market sentiment and dipped to around 4099, but then the bulls launched a counterattack, surging strongly towards the end of the week, with a daily increase of over a hundred points. The price returned above 4490, recovering most of the previous decline, and market bullish sentiment has significantly warmed up.
News The three major U.S. stock indices plummeted more than 1.6% in a single day, causing panic sentiment in the market to rise sharply. A large amount of funds flowed into gold as a safe-haven asset, directly driving gold prices to surge violently. The poor stock market performance and weak economic data have led the market to bet again that the Federal Reserve will start the interest rate cut cycle earlier. The weakening dollar has opened up space for gold to rise. The potential risks of regional conflicts and trade frictions further strengthen gold's safe-haven attributes, becoming the long-term logic supporting gold prices.
Technical Analysis The price has broken through the short-term downward channel and stabilized above the middle track of the Bollinger Bands. The bullish trend is initially established, with strong support forming at the 4400 integer level. The KDJ indicator has crossed upwards and is diverging, indicating strong bullish momentum. The Bollinger Bands are opening upwards, and the price is gradually approaching the upper track of the Bollinger Bands, showing strong upward intent. The upper resistance level is concentrated in the 4550-4600 range, while the lower support level is seen in the 4400-4380 range. If 4400 can be held, the bulls are expected to continue the upward momentum.
Operation Strategy
If it stabilizes near 4400-4380, positions can be added in batches for long orders, targeting 4500-4550.
If it effectively breaks below the critical support of 4380, the trend will weaken, and adjustments should be made promptly to follow the market with short orders. #黄金
Today's Summary: The intraday operations were successfully concluded. From point alerts to exit reminders, the entire process was followed closely. Accurately predicting the turning points of the market allowed us to seize opportunities and steadily secure profits, with advance warnings to observe the market and avoid the uncertainties of the US stock market opening, thus safeguarding earnings.
Teaching someone to fish is even more important. Today, not only did I help my friends gain a little, but I also validated the feasibility of a stable teaching method. Let's continue together next week #黄金
The fifth session of the day concluded, 39 entered and 25 exited, secured $2694 in a 14-point space, the rhythm was relatively good, securing profits is the most practical #黄金
March 27th Big Yellow Evening Analysis: Gold is consolidating in the evening. Can the bulls break through the previous high?
News The three major U.S. stock indices fell sharply, and market panic spread, with funds accelerating into gold as a safe haven, providing core support for gold prices. The 10-year U.S. Treasury yield is declining from a high level, reducing the holding cost of gold, a non-yielding asset, further strengthening the allocation value of gold. The market is still speculating on the interest rate cut rhythm within the year, and the expectations for easing continue to inject upward momentum into the precious metals market, with limited short-term bearish factors. The uncertainty of regional conflicts remains, and safe-haven buying may re-enter at any time, becoming a potential catalyst for gold prices to rise.
Technical Analysis The price is stable above the middle Bollinger band, with short-term moving averages flattening, and the bullish trend has not been broken, with key support forming below. The price is running near the middle band, with upper resistance around 4468 and lower support around 4361, and the narrowing opening indicates that a direction will be chosen in the short term. The KDJ three lines are diverging downwards, with the J value entering a low region, indicating a short-term need for a pullback to gather strength, but a clear death cross has not yet formed, and the pullback space is limited.
Operational Strategy
If it stabilizes near 4390-4410, one can enter the market, targeting 4430-4450-4470#黄金 .
Today's 4 consecutive wins, two Dan successfully pocketed in the afternoon, this market is really too friendly, but still have to say, there are no eternal gods in the market, steady profit is the way to go#黄金
Two Dan fell into the bag in 2022$, although Duo Dan came out early and missed a bit of the grain profit, but teaching one book is not perfect, earning more or less is still earning, a stable mindset is more important than anything else, continue to grasp the rhythm in the next wave #黄金