In terms of gold, yesterday's strong sun rose again. Can we start a new upward trend?

We have been saying this for the past few days: 2025 is highly likely to be the golden year, in other words, the final madness.

After a significant increase this year, it will once again be quiet. Similar to the trend in 2011, it accelerated upwards and then entered a correction period of several years.

But this can only be analyzed in detail after the 11th meeting, and currently it can only be a rough idea.

2666. This is the high point of the previous decline and also the high point of today's morning. However, in a slow rising market, the biggest problem is still where to start from.

This may be the most difficult problem in finding entry:

Using the golden ratio makes it difficult to find a starting point.

2. Use top bottom conversion, the position span is too large.

3. Using a bullish candlestick, there is none.

4. Use key support positions, none.

5. The scattered yang rises, feeling weak with too many adjustments, and afraid to see the market too strong with too few adjustments.

Are you all facing the same problem today? It's difficult to find a location.

In fact, in a continuous upward trend, it can be seen as an overall trend. At the same time, the key resistance level you saw yesterday is actually the support level today.

So how to get stuck at today's point:

1. The top to bottom conversion level 2640 seems too far for long.

2. The 236 position in the large band is also the deepest point of yesterday's volatile high of 2646-7 in the US market.

According to the rhythm, a slow rise and a pullback in the afternoon have a low probability of breaking through today's high.

But the daily chart is strong, and the volatility is also relatively strong.

So, low or high is still the first choice, with support level at 2646-48 and limit at 2640

For those who struggle with a sharp rise, slow decline, or pullback, short selling is unnecessary. If you can wait to buy more, you can enter the game; if you can't wait, you can watch the show.

Just like the business logic emphasized at the beginning. You need to know your trading logic.

By mastering trading logic, you will naturally understand trends.

The above only represents the author's personal views and opinions. Investment carries risks, and caution is required when entering the market