1. Current Trend Analysis
Bull Trend: Yesterday, gold surged to 2946 and then pulled back, testing the 2920 support effectively, indicating that short-term bulls still have the upper hand.
Key resistance: The 2950 mark is a strong resistance area. If it breaks through effectively in early Asian trading, it may further test the 2970 and 3000 integer marks; if it comes under pressure, it may maintain high fluctuations. if it is under pressure, it may maintain high-level fluctuations.
2. Key Points
Resistance Zone: 2946-2950 (strong pressure zone), 2970, 3000.
Support Zone: 2920 (short-term support), 2900 (break target).
Short-term strength and weakness watershed: 2931.
3. Technical Judgment
Bull momentum weakened: The price repeatedly tested the 2940-2950 area, indicating that the bull momentum weakened, and we need to be alert to the risk of callback.
Breakthrough and fall: If the Asian market breaks through 2946 directly in early trading, the upward trend may accelerate; if it falls back below 2930, it will turn into a shock.
4. Intraday trading ideas
High-altitude strategy:
Entry point: Continue to gamble on the high-altitude once near any position near 2955.
Stop loss: 2960
Target: Pay attention to the short-term retracement of 2935-2930, and pay attention to 2920-2900 if it breaks.
Logic: The strong resistance zone is repeatedly under pressure, and the risk of chasing long positions at high levels is high, so you can gamble on the pullback.
Low-long strategy:
Entry point: Go long once in the short term when it falls back to around 2920 for the first time.
Stop loss: 2915.
Target: 2930-2940-2950.
Logic: The support band rebounds effectively, and the technical pullback repeatedly tests the short-term strong support.
5. Risk control reminder
Avoid chasing up: Avoid chasing up in the 2940-2950 area, beware of false breakthroughs.
Pay attention to the watershed: Pay attention to the 2931 watershed. If it falls below, it will weaken in the short term and the strategy can be adjusted.
Data impact: Pay attention to the Federal Reserve minutes, geopolitical situation and other factors that may cause fluctuations, and need to respond flexibly.
6. Operational precautions
Position management: Single transaction position ≤5%, strict stop loss.
Time window: If it does not break 2950 before the European session, be alert to profit taking; US market volatility may increase.
Technical coordination: Combine the 1-hour MACD top divergence signal and the 15-minute K-line entity breakthrough to confirm the direction.
7. Tips
Market status: The current market is in a high-level game stage. It is recommended to focus on short-term light positions and lock in profits in time.
Flexible response: If the market breaks through the key position, it is necessary to flexibly switch ideas according to the strength of the market signal.
Summary
The short-term bullish trend of gold has not changed, but the resistance at the 2950 level is significant, so we need to be alert to the risk of a correction. For intraday trading, we can adopt a high-short and low-long strategy, strictly stop loss, pay attention to key points and market dynamics, and respond flexibly.