The recent market has slowed down, with little volatility. Could this be a calm before a new trend? No one can be certain. However, from the chart, we can see that several attempts to break above 90,000 have failed to hold steady, indicating that although the bulls have the intention to push higher, their strength is still insufficient. There is clear resistance around the 90,000 mark, especially near 902-903. Since it can't break through, in the short term, it might be better to look at the support level around 880.
Of course, if it can truly break and hold above 902-903 later on, it is very likely to challenge the 912-913 range next — that is the key point for the bullish-bearish transition. That's right, to return to a bullish trend, it must stay above 912-913. So, think about it: without continuous accumulation of major funds, it's difficult to push up directly. For now, let's take it step by step. #黄金白银再创新高
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The recent market has slowed down, with little volatility. Could this be a calm before a new trend? No one can be certain. However, from the chart, we can see that several attempts to break above 90,000 have failed to hold steady, indicating that although the bulls have the intention to push higher, their strength is still insufficient. There is clear resistance around the 90,000 mark, especially near 902-903. Since it can't break through, in the short term, it might be better to look at the support level around 880.
Of course, if it can truly break and hold above 902-903 later on, it is very likely to challenge the 912-913 range next — that is the key point for the bullish-bearish transition. That's right, to return to a bullish trend, it must stay above 912-913. So, think about it: without continuous accumulation of major funds, it's difficult to push up directly. For now, let's take it step by step. #黄金白银再创新高