[Analysis of Gold Price Trends]


Yesterday, it fluctuated downward, closing with a bearish daily candle, the 5-day moving average trending downward, and the MACD indicator showing increasing green momentum bars, indicating a bearish trend. On the hourly chart, gold surged by $41.12 in the morning but then sharply declined, currently trading around $40.58. The KDJ indicator shows a death cross, with the accompanying chart turning downward, and the MACD fast and slow lines crossing below the zero line. Combining the daily trend analysis, the intraday trading suggestion for gold is to mainly go short on upward movements, with resistance levels at $40.92 and the middle band of the hourly chart at $41.20.
[Gold Trading Suggestions for 6.24]
1. Buy near $40.92–$40.97 with a stop loss at $41.06, take profit at $40.60
2. Sell near $40.35–$40.40 with a stop loss at $40.25, take profit at $40.80–$40.90
3. These suggestions are for reference only. Investment involves risks; please trade cautiously.
#TradFiCFD黄金大师赛 $XAUUSD
XAUUSD-2.07%
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