10.25 gold Asian market analysis ideas! !! !!
Yesterday, gold began to fluctuate and rise in the early trading, and continued to rise in the European trading, reaching a high of around 2743 in the US trading. Then the market was blocked and fell. After dropping to around 2722, it rebounded to above 2730 in the late trading and fluctuated. The daily line closed with a positive line, and gold once again stood firm at the 2730 line.
On the daily line, there was a single negative decline correction on Wednesday, and a volatile rise on Thursday. There was still some resistance to falling in the short term. At the opening of today, the gold price was above the moving average. In the short term, we will first pay attention to the 5-day moving average, which is currently located near 2730. As long as it stands firmly at 2730 today, gold will definitely continue to rise.
First pay attention to the resistance near yesterday's high point of 2743, and then pay attention to the resistance near the current high point of 2758. If it continues to break through the high, we need to pay attention to the 2768 pressure level. 2768 is the current resistance position after the extension of the high point line of July 17 and September 26. In terms of intraday operations, it is still mainly low-long.
In terms of geopolitical situation, US Secretary of State Blinken said on Thursday that the United States does not want Israel to carry out protracted military operations in Lebanon. At present, all parties are working hard to hold new negotiations on the ceasefire and hostage agreement in Gaza.
In terms of economic data, the number of initial jobless claims in the United States last week released on Thursday unexpectedly fell, but the number of continued jobless claims in mid-October rose to a nearly three-year high, suggesting that it is becoming increasingly difficult for the unemployed to find new jobs.
The influence of various aspects has also further promoted the upward trend of gold. Although gold fell back on Wednesday, it still rose sharply the next day. The price is expected to break a new high again, and it is far from the target level at present.
Support level: 15 Resistance level: 35————45
On the daily line, there was a single negative decline correction on Wednesday, and a volatile rise on Thursday. There was still some resistance to falling in the short term. At the opening of today, the gold price was above the moving average. In the short term, we will first pay attention to the 5-day moving average, which is currently located near 2730. As long as it stands firmly at 2730 today, gold will definitely continue to rise.
First pay attention to the resistance near yesterday's high point of 2743, and then pay attention to the resistance near the current high point of 2758. If it continues to break through the high, we need to pay attention to the 2768 pressure level. 2768 is the current resistance position after the extension of the high point line of July 17 and September 26. In terms of intraday operations, it is still mainly low-long.
In terms of geopolitical situation, US Secretary of State Blinken said on Thursday that the United States does not want Israel to carry out protracted military operations in Lebanon. At present, all parties are working hard to hold new negotiations on the ceasefire and hostage agreement in Gaza.
In terms of economic data, the number of initial jobless claims in the United States last week released on Thursday unexpectedly fell, but the number of continued jobless claims in mid-October rose to a nearly three-year high, suggesting that it is becoming increasingly difficult for the unemployed to find new jobs.
The influence of various aspects has also further promoted the upward trend of gold. Although gold fell back on Wednesday, it still rose sharply the next day. The price is expected to break a new high again, and it is far from the target level at present.
Support level: 15 Resistance level: 35————45
Catatan
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