#黄金 Cherry: Golden Hour Line Soars and Falls, Midnight Market Hides Opportunities

Today, gold presented a volatile pattern of rising and then falling at the hourly level. During the morning session, driven by market sentiment, the gold price once strongly surged to a daily high of 5099, with bullish momentum briefly released. However, as profit-taking occurred and technical pressures emerged, the gold price quickly came under pressure and fell, fluctuating lower in the afternoon, reaching a low near 5046, before finding some support near a key support level. Currently, trading is around 5068, maintaining an overall range-bound consolidation.

From the news perspective, today's market focuses on U.S. economic data and geopolitical dynamics. The economic data released from the U.S. performed worse than expected, leading to a rise in market expectations for a Federal Reserve interest rate cut, providing some upward support for gold; at the same time, the fluctuations in geopolitical situations have also raised risk aversion sentiment, with some funds flowing into the gold market seeking safety.

Technically, although there has been a pullback at the hourly level, the key support level near 5027 has not been effectively broken, and the short-term structure remains biased towards bullishness, making the low buy opportunities after a pullback worth paying close attention to.

Suggestion: If it falls to around 5035-5055, it’s a good time to buy; if the pullback is strong, consider buying near 5000-5020; if the market rises directly, consider buying around 5065, targeting upwards to 5100.

Stay calm to keep the path steady; follow the trend to ensure stability and longevity.