Market Overview - On Wednesday, the gold market experienced significant volatility, with prices reaching a five-week high of $3438 before quickly falling over $50 to close at $3386.99, marking a daily decline of more than 1% [1] - The fluctuations were influenced by multiple factors, including progress in US-EU tariff agreements, a rebound in risk assets, and uncertainty surrounding Federal Reserve policies [1] - As of Thursday morning, spot gold was trading in a narrow range around $3388 [1] Gold Price Analysis - In the previous trading session, gold initially rose to $3438.9 but then reversed, driven by increasing optimism in trade, leading to a decline that saw prices drop to a low of $3381.5, resulting in a daily loss of $57 [3] - The daily chart indicates a bearish trend, with gold currently near the 5-day moving average, and KDJ indicators showing a downward turn while MACD indicators indicate a reduction in bullish momentum [3] - On the hourly chart, gold rebounded to $3384 and is currently around $3389, with KDJ indicators forming a bullish crossover after being severely oversold, while MACD indicators show a bearish crossover above the zero line [3] Trading Recommendations - A trading strategy suggests entering short positions around $3405-$3408, with a stop-loss at $3413 and a take-profit target at $3380 [5]
金都财神:7.24黄金行情走势分析及操作建议
Sou Hu Cai Jing·2025-07-24 07:11