Looking back at the market situation, the gold market ended with a volatile consolidation on Monday, and the news of Trump's official handover did not have a significant impact or fluctuation after the market focused on it. In other words, the news aspect that was particularly emphasized did not have a substantial impact on price fluctuations, resulting in a relatively small and broad consolidation in the short-term market.

In response to the current market trend, last Friday's high encountered resistance and fell back. On Monday's opening, it continued to decline and then stabilized and rebounded. The market showed significant fluctuations, with the decline not continuing and the increase being blocked. Therefore, it can only hover in the middle of the price, forming a short-term regional oscillation and consolidation trend. Therefore, in the short term, Tuesday will still maintain the current market trend range.

In terms of the market, the trend of gold will not form severe unilateral fluctuations due to short-term news shocks, so the initial trend of the price will still maintain the upward direction of the trend.

The hourly chart is quite clear, and the consolidation range remains within the range of 2700 to 2717. It is expected to continue to rise during the day. On Monday, the price followed the trend and fell to a key position on Friday before stopping to rise. The short-term structure did not change, and the high-level suppressed the downward point of the decline in the 2726 line area, while the low-level rebounded in the 2689/9 line area. At this time, the intraday hourly price was too high above 2700, so pay attention to the opportunities for retracement and continue to look for an upward trend.

The change in trend is often a significant reverse operation, so the short-term structural trend has not changed. Even after a small retracement, the price still shows an upward trend. If the retracement encounters obstacles, the main focus should follow the trend and participate. The point should remain stable in the 2700 line area within the day, with more retracement at the integer level. There are more opportunities for aggressive early retracement, so continue to look for upward references!

The above views are for reference only. Investment carries risks, and caution should be exercised when entering the market