3.18 Jian Xi Noon Review: Rally Pullback Under Pressure, Key Support Defines Long/Short Dynamics
Morning gold surged without conviction, touched 5015 and quickly pulled back, consecutively breaking through Bollinger midline and short-term moving averages, with lows probing 4986. Currently oscillating weakly near 4991, overall pattern shows rise then fall, short-term trend biased toward choppy weakness, intensifying long/short competition.
Fundamentally, Middle East geopolitical tensions support safe-haven demand, Fed commentary leans cautious, rate cut expectations remain uncertain, coupled with approaching heavy US data tonight, fund observational sentiment is strong, profit-taking at highs driving gold lower.
Technically, 5-minute timeframe shows gold rallied above upper Bollinger band then pulled back, breaking through midline approaching lower band, Bollinger bands opening downward, short-term bearish signals evident. Currently nearing 4980—4985 key support, if broken will probe further, if stabilized may rebound and repair.
Retest 4970—4980 stabilization, batch in longs on dips Correction expands to 4940—4960, continue buying on pulls Chart breaks directly stronger, follow longs near 4990 Targets 5000, 5050 and above#古巴领导人回应美国威胁 $XAUT
3.18 Jian Xi Noon Review: Rally Pullback Under Pressure, Key Support Defines Long/Short Dynamics
Morning gold surged without conviction, touched 5015 and quickly pulled back, consecutively breaking through Bollinger midline and short-term moving averages, with lows probing 4986. Currently oscillating weakly near 4991, overall pattern shows rise then fall, short-term trend biased toward choppy weakness, intensifying long/short competition.
Fundamentally, Middle East geopolitical tensions support safe-haven demand, Fed commentary leans cautious, rate cut expectations remain uncertain, coupled with approaching heavy US data tonight, fund observational sentiment is strong, profit-taking at highs driving gold lower.
Technically, 5-minute timeframe shows gold rallied above upper Bollinger band then pulled back, breaking through midline approaching lower band, Bollinger bands opening downward, short-term bearish signals evident. Currently nearing 4980—4985 key support, if broken will probe further, if stabilized may rebound and repair.
Retest 4970—4980 stabilization, batch in longs on dips
Correction expands to 4940—4960, continue buying on pulls
Chart breaks directly stronger, follow longs near 4990
Targets 5000, 5050 and above#古巴领导人回应美国威胁 $XAUT