The gold price is powerless to rebound! 2665 is the top pressure in the horizontal market!

2024-12-17 2932

On Monday, the gold price mainly stopped falling and rebounded in the short term for correction. The task for Monday is also relatively simple:

Firstly, observe the strength and continuity of the intraday rebound in gold prices; Based on Monday's trend, the strength of the rebound is weak, with the strong weak boundary around 2675; The continuity of the rebound is weak, with the first pressure level near 2665 in the sideways trend;

Secondly, the main approach for the gold price is to choose a high altitude, follow the small divergence of daily K, and handle the downward trend of range oscillation; The first support position is around 2640, so we focus on the high-altitude approach while preparing for the breakthrough of 2640 support;

Fundamentals: I won't go into too much detail for now. You can refer back to yesterday's and weekend's comments on several fundamental points; In summary, the situation is complex and difficult to predict; The fundamentals have exploded and the market has been stimulated, so we can only follow the market and focus on observation;

In terms of technology:

1: 1 hour temporary sideways correction, which belongs to weak correction, with a horizontal pressure position near 2665;

2: After 4 hours, the random indicator golden cross passivated upwards, but the form was weak. It temporarily supported the lower orbit of BOLL for 4 hours, but the strength of this support was not particularly strong; Therefore, it is recommended to choose high short selling for 4 hours; Near the reference pressure positions of 2665 and 2675, two pressure positions are short selling and bearish downward;

3: On the day K, the random indicator deviates from passivation, and the dead cross gradually decreases. It is recommended to choose a high short selling strategy; Near the central axis support position 2640; Although the central axis is supported, it will not fall below in one breath. This is why the support around 2640 is effective on Fridays, weekends, and Mondays; However, the random indicator of daily K has a dead cross downward, so it is recommended to choose short selling, and follow up with the strategy of breaking through 2640 in the subsequent game;

Overall, today's empty positions are at the pressure positions of 2665 and 2675; Multiple support positions near 2640; Breaking through the 2640 level, the bearish candlestick has fallen below the downtrend and cannot recover or stabilize; Below support around 2600 and 2560; The pressure above is around 2700, 2720/25;

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