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Early review short positions executed precisely, entered at 5044, took profits below 5010, strength speaks for itself📉
Investment carries risks, market entry requires caution. The above is merely a market review and does not constitute investment advice.
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Jin Dachuan 3.17 Gold Morning Review
Early trading saw gold prices continue the weakness and volatility from overnight. After testing a low at 4967 last night, prices rebounded in a V-shape to around 5020 but faced resistance again. In the early session, prices are consolidating slightly around the 5000 level. This minor rebound is merely a correction of indicators and has not reversed the overall bearish trend; in the short term, the market remains weak.
From a broader trend perspective, with the Fed's March interest rate decision approaching and expectations of rate cuts continuing to dimini
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Jin Dachuan 3.16 Gold Morning Review
After the morning opening, the downtrend continued. Following the breakdown below 5000, the price dropped to a low of 4967, then rebounded to around 5020. The small-level chart formed a V-reversal, and indicators are warming up. On the surface, today's market appears to be starting an uptrend.
However, looking at the larger trend, the US-Iran conflict is nearing its end, market rate-cut expectations are weakening, spot gold jewelry prices are too high, and the crypto market is warming up and rising after five consecutive months of decline. Meanwhile, gold i
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The short-term level begins to rise, with the 5200-5220 resistance zone facing testing. Currently, it is recommended to pull back for a dip, and after encountering resistance near the pressure, consider entering on the right side.

Pull back around 5155 for a dip, with a stop at 5145, targeting 5200-5220.

Risk Warning: Investing involves risks. Enter the market cautiously. The above analysis is for reference only and does not constitute investment advice.
#XAU
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This morning's attempt to push against the 5180 resistance saw the price drop from a high of 5175 down to a low of 5137. A 38-point move was operable! How many did you catch?
#XAU
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Kinda Chuan 3.12 Gold Morning Review
Last night, after we successfully closed our positions with a perfect stop gain, the market rebounded as expected to around 5180, then continued to decline, reaching a low of 5125. It then started to rebound during the Asian session, currently hovering around 5155 with resistance and oscillation. Overall, the trend remains under the dominance of a large-scale bearish pressure.
Regarding geopolitical news, we won't analyze in detail here. Currently, the US-Iran tensions remain irreconcilable, but the war is clearly nearing its end. The risk aversion sentimen
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Early review confirms that the market has been blocked and declined twice around 5220, with nearly 40 points of room each time!
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Jin Dachu 3.11 Gold Morning Review
Last night, gold prices experienced intense volatility, with bulls and bears battling back and forth. The fluctuations approached 100 points, and the short-term trend completely spiraled out of control, disrupting the market’s original rhythm.
From the chart structure perspective, the previously maintained upward trend has clearly broken, with bullish momentum significantly weakened, and technical patterns showing signs of weakness. In the short term, strong unilateral movement is no longer supported.
Currently, there is a resistance level around 5220 on the
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When encountering a strong resistance level, betting against it is the wise choice. The 5200 resistance level has been tested before. On the hourly chart, the bullish momentum is beginning to decline, and the overall bullish pressure remains in control. Continue to focus on high bullish levels!
Risk Warning: Investing involves risks. Enter the market with caution. The above analysis is for reference only and does not constitute investment advice.
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Midday momentum wanes, facing strong resistance above. Decisively gave in, entered at 5182, took profit at 5155, gained 27 points, and made $4,500 in profit! #XAU
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Jin Dachu 3.10 Gold Morning Analysis
Currently, the market has risen from yesterday's low of 5060 to around 5185. The momentum is beginning to weaken, and market sentiment has entered overbought territory. 5200 is a long-standing resistance level. A reversal in the intraday trend is highly possible. It is recommended to focus on oscillating fluctuations within the day.

Recommended to trade around 5200, with a stop at 5210, and targets at 5150-5130.

Risk Reminder: Investing involves risks. Enter the market with caution. The above analysis is for reference only and does not constitute inve
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Last night, Brother Chuan said, “Drop first, then rise,”
which led to a hundred-meter dash in gold from 5060.78 to 5168.41 in the early hours.
The limit at 5060 just happened to be the springboard for the market to jump,
watching the candlesticks surge upward one after another from the low point,
turning “prediction” into “witnessed gains,”
this is the most exciting moment of technical analysis.
#XAU
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