$Gold - main 2606(GCmain)$On Thursday (April 16), spot gold prices held steady around $4,790 per ounce, nearly unchanged, after hitting a one-month high in the previous session. While US gold futures fell slightly by 0.3% to $4,808.30, the overall market sentiment has gradually recovered from the slump in March. This change is not an isolated event, but is closely linked to the dramatic turn of events in the Middle East—after the outbreak of the war between the US and Israel against Iran, gold prices were initially pressured by inflation concerns and tightening liquidity. However, President Trump's ceasefire declaration and positive signals from US-Iran peace negotiations are injecting strong momentum into the gold market. Inve

Hello everyone! Today i want to share some macro analysis with you! 1 Gold prices plunged on Wednesday (April 15), partly due to profit-taking by investors. Additionally, rising stock markets weakened safe-haven demand, and rising US Treasury yields contributed to the decline. Investors continued to assess the latest developments in the US and Iran, and their implications for the interest rate outlook. In early Asian trading on April 16, gold prices fluctuated upwards, reaching a high of around $4837.5, and are currently trading around $4820. $XAU/USD(XAUUSD.FOREX)$ 2 On Thursday (April 16) in Asian trading, despite ongoing tensions around the Strait of Hormuz, gold prices rose significantly as renewed efforts to resolve th

$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$Technical Analysis: The daily chart shows that gold prices have entered a consolidation phase after reaching previous highs, currently exhibiting a weak, high-level consolidation pattern. Key resistance levels are located at $4750 and $4800, while support levels are concentrated around $4600 and $4550. In terms of momentum indicators, the MACD shows signs of a bearish crossover at high levels, and the RSI has fallen from overbought territory, indicating weakening bullish momentum. On the H4 chart, gold's short-term trend shows a downward consolidation structure. The gap formed and failed to be quickly filled, indi

Current Market Position: Gold prices are stuck in a "can't fall, can't rise" pattern within the $4700-$4800 range. On the daily chart, the MACD histogram continues to expand, indicating strong bullish momentum. However, the KDJ indicator's J value has entered a strong zone and is approaching overbought territory, suggesting a short-term need for consolidation. The 4-hour chart shows short-term moving averages turning downwards, with the price trading below the MA5/MA10. The MACD has turned from red to green, and the green histogram is gradually increasing in volume, indicating emerging bearish momentum. Key Price Levels for Bulls and Bears$Gold - main 2606(GCmain)$ Level | Direction | Price (USD/oz) | Explanation: Premium Resis

Hello everyone! Today i want to share some macro analysis with you! 1 $Gold - main 2606(GCmain)$Technical Analysis: Gold continues to consolidate within the 4700-4800 range, a market condition that is causing headaches for many investors. Gold prices are expected to continue consolidating in the short term. 4700 remains a key level, serving as a crucial pivot point. It's important to emphasize that if the price breaks below 4700, or if the H1 chart closes below 4700, the structure will be considered topped, indicating a downtrend. This would present opportunities to short. Intraday trading can be profitable with both short-term sell and buy orders. Pay close attention to the CPI data. 2 Friday (April 10): Gold's upward momentum

$Gold - main 2606(GCmain)$On Monday (March 30), gold rose slightly for the second consecutive trading day, gaining about 0.36% to close near $4,510 per ounce, after briefly touching $4,580 during the session; US gold futures also rose 0.7%, settling at $4,557.50. However, despite a slight recovery in short-term safe-haven demand, gold has fallen more than 14% so far in March, poised to record its worst monthly performance since the 2008 financial crisis. Behind this unusual trend lies a complex interplay of escalating conflict in the Middle East and macroeconomic pressures. The war has pushed up oil prices and exacerbated inflation concerns, while the Federal Reserve's cautious stance has led to a sharp adjustment in market exp

$Gold - main 2604(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Analysis: Gold remains generally biased towards an upward trend. The 100-day Simple Moving Average (SMA) at $4577 forms a key support level; short-term support lies around $4633. A decisive break below this level could open the door for a test of $4200. The Relative Strength Index (RSI) shows a clear increase in selling momentum, potentially indicating further downside for gold. If gold closes below the 100-day moving average on the daily chart, watch for a test of $4500. A break below this level would target the February 2nd low of $4402, followed by $4200. Further downside would see the 200-day moving average at $4060/oz. Conversely, if gold

$Gold - main 2604(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold Trading Analysis: Short-term focus on the 4967 double bottom support; a break below could lead to further declines. Gold's short-term trend has clearly weakened. The daily chart shows that gold prices briefly fell below the key psychological level of $5000 and are currently hovering around this level. Simultaneously, gold prices are trading below major short-term moving averages, and momentum indicators are showing signs of decline, indicating that short-term bears still dominate. The first important support level for gold prices is currently around $4967, which is also the area where Monday's intraday low w