Market Overview - Gold prices experienced a slight increase of approximately 0.23% to around $4181 per ounce, despite the resolution of two bearish factors: the U.S. government reopening and the trade truce [1] - The resilience of gold prices amidst a generally bullish market raises questions about potential bearish expectations in the analysis [1] - Technically, gold is in an extremely overbought state on the monthly chart, indicating a need for a prolonged period to correct this extreme condition [1] Short-term Trends - In the Asian and European trading sessions, gold maintained high volatility, reaching a peak near $4245 before a significant drop following hawkish comments from U.S. Federal Reserve officials [2] - The daily trading range for gold was nearly $100, with a closing bearish candle indicating a potential shift in market sentiment [2] - The critical support level to watch is the 5-day moving average around $4160; a drop below this level could signal a loss of bullish momentum [2] Technical Analysis - The 4-hour chart shows a recent upward movement, but the lack of extension suggests a potential consolidation phase [4] - The current market structure indicates a small-scale upward trend, with attention needed on the mid-band support; losing this support could lead to a bearish outlook [4] - The primary strategy remains focused on short positions, with recommendations to enter short trades between $4200 and $4230, targeting a decline to the $3880-$3600 range [4]
江沐洋:11.14黄金走势分析看B转C下跌延续,黄金操作建议
Sou Hu Cai Jing·2025-11-14 09:04