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March 6th Gold Afternoon Latest Trend Analysis and Trading Strategies
The morning rebound from 5066 to a high of 5143 has slowed down and is now moving sideways within the 5100-5140 range. The area around 5143-5150 is a strong resistance zone. If it cannot break through, the market is likely to continue to face downward pressure; the short-term support is at 5100-5095. If broken, the next target is the previous low at 5066.
Afternoon Trading Ideas:
If the price is resisted around 5130-5145 during the rebound, consider shorting with a stop loss at 5155, targeting first 5100, and if broken, then
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In the morning, it was emphasized that the midline of the 15-minute chart has formed resistance. We can place long positions below the lower band, targeting around 5065, and currently it has reached 5120, resulting in a 54-point move. ​​​#GateforAI重磅上线 #加密市场上涨 #比特币创下近一月内新高 #XAU
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MasterChuTheOldDemonMasterChuvip:
Wishing you great wealth in the Year of the Horse 🐴
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March 5th Gold Afternoon Latest Trend Analysis and Trading Strategy
The resistance at 5200-5205 is clear. If it cannot be effectively突破, a re-test of the downside is likely; the support at 5160-5155 is relatively strong. Holding above this level maintains a slightly bullish outlook.
The hourly rebound structure remains intact, with no clear signs of topping. The midday strategy is to oscillate slightly bullish and buy on dips, avoiding chasing highs.
Trading Recommendations
Buy near 5165-5150 on dips,
Set stop-loss below 5140,
Initial target at 5200, with a breakout aiming for 5230.
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March 5th Gold Midnight Latest Trend Analysis and Trading Strategy
Yesterday's ADP Non-Farm Employment Change data showed an increase of 63,000 jobs, significantly exceeding expectations, which provided short-term bearish pressure on gold and further suppressed market expectations for rate cuts. On the other hand, Dubai air freight disruptions directly affected approximately 20% of global gold circulation, leading to a noticeable tightening of physical gold supply; coupled with ongoing tensions in the Middle East, safe-haven demand remains high.
The negative data impact is gradually being abso
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March 4th Gold Midday Latest Trend Analysis and Trading Strategy
The US dollar is strongly rallying, causing gold to drop sharply by over $300. After testing the lows, it stabilized and rebounded to around 5190, facing resistance again. Currently, the market remains in a range-bound pattern, with trading strategies focusing on buying low and selling high.
Geopolitical conflicts continue to escalate, and the risk aversion sentiment still provides temporary support to gold prices. After breaking through the 5000 level, gold quickly recovered, with strong support below.
Recently, the US-Iran situ
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The strategy given in the morning was effective at the 5200 resistance, with a 84-point move! #美伊局势影响 #比特币保持坚挺 #原油价格飙升 #XAU
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Morning thoughts suggest a V-shaped reversal after a deep decline to repair oversold conditions. Buying on the dip in the early session is the most prudent choice!
Buy around 5100, the first target at 5160 has been reached, with 54 points of room [Like]#元宵赏月领红包 #加密市场反弹 #美伊局势影响 #XAU
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March 4th, Gold Morning Latest Trend Analysis and Trading Strategy
Good morning everyone☀️ I am Jingwen. Yesterday, gold surged to 5380 at the opening but faced resistance and pulled back. After rebounding to 5374, it began to weaken sideways. During the session, it found brief support at 5280 and rebounded to 5335, but failed to break the previous high and turned weaker again. During the European session, affected by a sharp decline in European stock markets, market sentiment suddenly changed, and the gold price directly broke below the key support at 5280. The bears gained full momentum, bre
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