Yichen: Dollar Weakness Provides Support! Gold Surges Violently, Short Defense Line Completely Collapses
From a technical perspective, on the four-hour chart, gold price has powerfully broken through the middle band of the Bollinger Bands and is steadily approaching the upper band. Short-term moving averages have formed a bullish alignment, providing solid support for gold prices. Although the KDJ indicator is at elevated levels, it continues to diverge upward, indicating abundant bullish momentum. Short-term pullbacks appear to be consolidation rather than trend reversal.
In terms of news, Mi
原文表示