On Monday, the gold price trend was quite "anxious"!

Firstly, the upward trend is being suppressed around 2905, followed by the range of 2940-2930, indicating a more pronounced short-term stagflation signal; Therefore, on Monday, I chose to short near the checkpoint pressure, also referring to last week's high point and short-term patterns. Before returning to this point, as analyzed at the end of autumn, if you want to short, at least you need reference from the market, point level, pattern, and indicators in order to sell short

Secondly, the decline is supported by the important starting points of 2880-2865-2835. Therefore, at the end of autumn, the support level below was also stuck, and in the short term, it was bullish and rebounded; You can refer to yesterday's analysis, which is a typical high-level range sorting

On the market, as a whole, it has entered a low range, with a trend in the range of 2910-2880, forming a high-level stagflation. The main trend is to consolidate the trend in the range where the decline has stopped;

Currently, in the overall market:

Trend: The trend has not reversed; Long short trend, entering a dilemma; Rising, under pressure; Continuous external force is required to break through the position; For now, the market needs to catch a breath and take a short break; Falling, temporarily more difficult, without strong fundamental bearish, sustained decline, even more difficult; Therefore, for the time being, the trend remains bullish control, with short-term upward adjustments being the main focus;

Fundamentals: The fundamentals are chaotic and chaotic; At the same time, it is difficult for us to see all kinds of news anymore, so we can only collect it ourselves; For example, the Russia Ukraine war, the Middle East war, the Federal Reserve's interest rate cut, and other data and news. If you don't search and query for them temporarily, it's difficult for you to see them again; But fundamentally, as we all know, it is a situation of rising risk aversion and global geopolitical chaos; To bring this situation back to normal, it is still not visible in the short term;

In the short term: We should focus on short-term trading and accumulate experience within the day; Calculate as much as you can do; Maintain a calm mindset, not arrogant or impatient; We are also witnessing history, and almost all of us are unknown about the future. We are all on the same starting line; What can support us is experience; Among them, having experienced a high point of 1920 and a high point of 2720, I believe that this wave, to some extent, has been helpful!

Today's technical trend chart:

During the 4-hour period, the random indicator temporarily shows a golden cross and the main multiple signals; In terms of form, the current pressure is on the medium track around 2905, but the indicator is at a golden cross and the form is oscillating upwards. For the short term, it is temporarily trending towards a rebound and upward movement;

During the day K, the random indicator deviates from the dead cross and runs downwards, indicating a bearish signal; MACD indicator signals of passive state, adhesive state, and stagflation; Formally, time is arranged in a spatial pattern. The bullish trend is controlling the market; The position of the central axis support is still gradually moving up through time, and there will be no sudden drop here. Just remember - time changes space, anti drop adjustment mode;

Summary: Today's support level remains unchanged at 2880-2865-2835-2820; Empty side 2938; In addition, breaking the 2940 mark and stabilizing [must be stabilized] is necessary in order to choose to follow up with the break;