Jin Xiyan:11.17Spot gold is supported! Gold prices are expected to rise at the opening next week! Keep buying more!

Jin Xiyan:11.17goods in stockgoldGet support! Gold prices are expected to rise at the opening next week! Keep buying more!


After a sharp decline the previous week, spot gold has finally stabilized and recorded a slight increase this week.11month15During the week, spot gold saw a slight increase8.60USD, increase0.59%Report collection1467.50dollar/ounce. Despite the overall positive economic data released by the United States and the strengthened expectations of the end of the interest rate cut cycle from speeches by Federal Reserve officials, including Chairman Powell, the US dollar index still fell slightly and closed98.00At one point during the trading session, it fell below98Pass. In addition, as trade rhetoric continues to fluctuate, the market remains cautious until the formal signing of the phase one agreement, which also provides some support for gold. Is spot gold rising or falling at the opening on Monday? Continuing with bottom fishing?





Monday spot gold trend analysis:


Last week, gold bottomed out and rebounded, closing slightly positive. At the beginning of the week1460Under oscillation operation, on Tuesday1448After the low point was formed and punctured, the bulls stabilized, and then continued to rise2One trading day; Yesterday Friday, gold fluctuated narrowly, with the daily chart showing a small shadow. Last week, the data from the United States was mixed, with little positive or negative impact; Although the speech of the Federal Reserve Chairman continues to be hawkish, the statement by US President Trump that he hopes for further monetary policy easing supports gold bulls! So, under the rebound demand of technology, spot gold has mainly fluctuated and risen this week!





Technically speaking, the random indicator golden cross in the daily chart is upward, and there is still momentum and room for rebound in the short term.MACDThe downward momentum of indicators has been reduced.MA5andMA10The support position of the moving average1463Nearby support. Structurally, it is currently in a small-scale reversal trend at the daily level, belonging to a flag shaped consolidation and pressure position1480The vicinity belongs to a location of strong pressure,. Initial opening and closing pressure.1480It is an important watershed position that determines the strength of long and short positions in spot gold. In the short term:4The hourly random indicator is on the central axis50The formation of passivation, decline, and rise in the vicinity belong to a five five opening trend.MACDThe bottom of the moving average deviates and oscillates upwards, and the upward momentum gradually appears, indicating a temporary golden cross in the moving average system,4Hour bias towards the pressure position of the secondary peak test1473The trend on the front line. Pay attention to "Jin Liuyan" by Fang Zhonghao to receive real-time operational advice, midline layout plans, and moreEAAn automatic tracking system, Weixinjxyzh8


Therefore, for this week's spot gold, let's first look at the bullish rebound and pay attention to it1480/2Recovery situation; If the bulls recover, they will gradually impact1494as well as1500Pass. If the key pressure cannot be recovered upwards, the second adjustment will begin, and the point will be,1463There is a lot of slag nearby, let's see if it rises again1473-1482(Break through and look again)1500）。





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writing/Jin Xiyan