6. Analysis and strategy for the evening of the 19th:



The domestic gold price continues its downward trend, with a slight rebound followed by further weakness. The one-hour bearish trend persists, and the bullish rebound lacks strength.

Market review: Today’s opening at 4212.79, rising to 4213.51 before continuing to decline under pressure, with the lowest touching 4121.79. The current price is 4155.52, with a slight rebound. All one-hour moving averages are downward pressure, with the 5, 10, and 20-day moving averages forming resistance layer by layer. The MACD indicator remains in a bearish zone, with short-term resistance at 4186 and support at 4122. The downward channel remains intact without being broken.

News: The US dollar continues to strengthen, with the market betting that the Federal Reserve will maintain high interest rates. The logic of precious metals remaining under pressure continues to be effective. There are no short-term bullish news to reverse the decline; the slight rebound is only a short-term oversold correction.

Suggestions:

Rebound in the 4186-4200 range, follow the trend to short, target 4130, 4122.
Note: This strategy is for reference only and does not constitute any investment advice. #黄金 #黄金行情 #XAU
GLDX-1.33%
PAXG-1.83%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned