# 黄金行情

5. Weekly Gold Market Review | Rallies Meet Resistance and Pull Back, Overall Weak Performance
This week, gold prices showed a pattern of rising to resistance and then pulling back, with a generally downward trend. The strengthening dollar combined with ongoing market expectations of high interest rates from the Federal Reserve exerted clear pressure on gold prices. Prices declined from the previous resistance level around 4680, fluctuating lower all week, and on Friday, dipped near 4560 before experiencing a slight technical rebound. As the holiday approaches, market activity has decreased, v

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Gold midday thoughts for reference only
The price trend from last week until now has been very weak, I don't need to say more
For the long-term, I see support around the daily lower band at 4600. After declining to this support level, then look for a northward move. In other words, first watch for a drop to 4600, then discuss a northbound move
So for trend orders, short around 4735, target 4600 (possibly requiring multiple orders)
If this afternoon the short-term price reaches around 4700-4705, I will make a short-term long position. When it reaches around 4730, I will do a short po

Currently, there are a total of 14 orders today, with 13 wins, 70-90 points #黄金行情 #黄金期货