Gold daily level: Yesterday closed with a long upper shadow negative K, 2600 line has certain resistance, and it also tested the upper track of the channel given in the early stage. It is normal for the first decline; and yesterday’s 10-day moving average support 2539 line was not given, losing a relatively good low-level buying point; from the current positive line attacking again, the 5-day moving average has broken through again and is about to swallow up yesterday’s decline, which may mean that the low point of 2546 hit last night has become a short-term bottom, the correction is over, and the strong bullish trend has returned to attack, and if 2600 is repeatedly tested, it will eventually break through and set a new historical high sooner or later; In addition, from the above figure, a new green rising channel is deduced as a backup. Once the upper track of the red channel is effectively taken, the upper track of the green channel will be tested, which is probably at least above 2630; At present, the key support position of gold is near 2575. As long as gold remains above 2575, it is only a matter of time before 2600 is refreshed.
