YeYouyuan

Spot gold experienced intense volatility during the Asian trading session on Monday (March 9), showing a wide-ranging fluctuation pattern. After opening higher in the early session, prices quickly plunged, touching around $5014 per ounce, then rapidly rebounded, indicating strong buying support below. The 5000 level held as a key support, and the overall trend remains unchanged. Intraday, bulls and bears are engaged in a fierce tug-of-war. Traders can rely on technical support and resistance levels for repeated participation.
From a technical perspective, the daily chart has not formed consecu

Gold opened higher today at around 5183, reaching a high of 5198 and entering a sharp upward trend. After dropping to around 5014, the market quickly reversed with a sharp spike, forming a classic V-shaped reversal. The bulls and bears are engaged in a fierce battle.
After this decline, when the price approached around 5060, I analyzed the market and maintained a bullish outlook. I recommend gradually entering long positions between 5070 and 5060, with take-profit targets at 5120-5140. The market responded strongly, reaching the first and second target levels before entering a consolidation ph

Stay focused on one direction and go deep; you will still gain a lot.

Last Friday, gold opened at around $5081.2. In the morning, gold fluctuated and rose around $5067, with an initial surge reaching as high as $5143.7. It then oscillated and pulled back, with the European session dipping to a low of around $5062.7 before stabilizing. During the US session, amid non-farm payroll data, gold began a strong rally, reaching a high of around $5174.5. The market closed at approximately $5171.3!
On Monday, gold opened with a sharp decline mainly due to the US dollar strengthening again, which suppressed the continuation of gold's rally. As a result, after an initial ri

3.6 Non-Farm Payrolls Boost Gold to Soar, Bulls Launch Feast
Today, before the Asian session, my article's approach was to take a light position around 5060-5070. Currently, the resistance at 5150 has been broken, and the market has been soaring all the way, with a high of 5143, very close to the target level, and the gains are quite substantial.
In the European session, my article's strategy remains to gradually build long positions around 5050—5080, and if the rebound reaches 5150—5180 and encounters resistance, consider reducing positions accordingly. After a retracement to around 5162, the

Regarding crude oil, due to the ongoing and spreading conflict in the Middle East, oil-producing countries such as Iraq have shut down oil fields. Coupled with the continued blockade of the Strait of Hormuz, this has provided some short-term support for crude oil prices in terms of supply and transportation. Last night, crude oil prices even briefly surged to around 82 before falling back again, mainly because recent US crude oil inventories have risen sharply, and overall demand support is limited. Most of the movement is still driven by speculative trading triggered by concerns related to th

Recent market movements have been like a roller coaster, with both bulls and bears dominating. Gold bulls remain strong. This week's trading has been characterized by oscillations during the Asian and European sessions, with significant pullbacks occurring in the evening and even late at night. Recently, my approach has been to repeatedly buy on dips around low levels, rather than trying to catch the top or short at the high. Although I missed some sharp declines, it's not a big deal; focusing on a single direction and good entry points can still lead to desirable results.
Before the market op

This morning, the Asian market provided an entry point between 60 and 70, with an upper target of 5150. Currently, the market has reached 5137, and you can continue to hold.

Based on tonight's gold volatility, the bearish trend seems to have a short-term advantage, but at this stage, whether from risk aversion sentiment or technical trend analysis, gold bulls still haven't been completely defeated. Moreover, from the recent short-term fluctuations over the past few days, even if there is a significant pullback in the evening, gold will rebound and recover the previous decline after midnight and even after the opening tomorrow morning. Therefore, in the short term, our trading strategy is to continue to look for a bottoming rebound to go long, with this rebound tar

Gold yesterday, we provided a long strategy around the 51030-5120 level during the early trading session, and throughout the day, we also reminded to position long within this range. Yesterday was quite effective, as the price bounced multiple times on the pullback within this range, successfully reaching the first profit-taking target at 5190. With the bullish channel intact, regardless of oscillations and adjustments, focusing on one direction will yield gains.
The 1-hour moving average for gold has already formed a death cross downward, and after testing the 5120 level today, gold rebounded

Review of yesterday( March 4th, Wednesday) trend. Gold opened higher in the morning session, facing resistance around 5190/91. It then retraced to 5121 before rebounding and fluctuating again, reaching a high of around 5206 during the European session. After the US session, prices turned into a sideways decline, with a low of around 5109 in the early morning. Overall, the market shows a pattern of rising and then falling, with a long upper shadow on the daily candlestick.
In the 4-hour chart, the stochastic indicator temporarily shows a bullish crossover signal, indicating a slightly bullish b

Recently, gold surged to around 5419 before starting to pull back, then plummeted on Tuesday, with a low of 4997. This pattern is consistent with previous declines last year, which showed a technical pattern of falling near the middle Bollinger Band on the daily chart, followed by repeated tests and trend reversal leading to an upward move. Currently, the close is at 5141, with the rebound nearly retracing half of the decline. It is basically confirmed that this round of adjustment is complete, and a cyclical upward trend has begun.
The daily chart has already closed positively, indicating a s

Last night, after a sharp decline in gold prices, today's market did not follow the expected deep V reversal with a rapid surge. Despite continuous news related to missiles from external sources, the gold market remains lukewarm with no significant moves.
From the 4-hour chart, the Bollinger Bands are widening, the KDJ indicator is forming a golden cross, and the MACD fast and slow lines are intertwined. On the hourly chart, the Bollinger Bands are narrowing, the KDJ indicator shows a death cross with increasing volume, and the MACD fast line is above the slow line but the red energy bars are