First: Market Morning Summary
Spot gold price maintained oscillation near historical highs on Thursday, with the intraday low at 3722.18 USD per ounce, high at 3761.66 USD per ounce, and closing at 3749.10 USD per ounce. In today's morning session, gold price continues to fluctuate in a narrow range, currently trading around 3739.00 USD per ounce, with the market overall maintaining a high-level operation pattern.
Second: Core Influence Factors Analysis
Multi and short factors continue to compete: Fed policy expectations and geopolitical risks provide support, but after consecutive new highs, technical adjustment pressure still exists; Market sentiment tends to be cautious: Investors operate cautiously near historical highs, waiting for new directional signals; Technical high-level consolidation: After reaching a new historical high, the price enters a technical consolidation phase, which is a healthy technical correction.
Thirdly: Morning Trading Strategy Guidance
Gold (XAU/USD):
Oscillation range: 3721.00 - 3758.00 USD
Operation idea: Within this range, consider buying low and selling high with light positions.
Breakout strategy:
If it breaks below 3721.00, it may test support at 3711.00 and 3701.00. Consider short positions in line with the trend, with stop-loss at 3726.00.
If it breaks above 3758.00, it may test resistance at 3768.00 and 3778.00. Consider long positions in line with the trend, with stop-loss at 3753.00.
Silver (XAG/USD):
Oscillation range: 44.630 - 45.220 USD
Operation idea: Within this range, buy low and sell high.
Breakout strategy:
If it breaks below 44.630, the target may be 44.100 and 43.700. Consider short positions in line with the trend, with stop-loss at 44.830.
If it breaks above 45.220, the target may be 45.600 and 45.900. Consider long positions in line with the trend, with stop-loss at 45.020.
Risk Warning: Trading markets have unpredictable risks, including but not limited to loss of principal. This analysis is for reference only and does not constitute direct investment advice. Investors should make their own decisions based on their personal risk tolerance.